WELLS FARGO SAYS MORE JOB CUTS ARE COMING

The chief financial officer at Wells Fargo says they’ll further trim expenses soon by unloading more real estate and laying off more workers.  Mike Santomassimo made the comments at a financial services conference Tuesday. He didn’t mention any markets by name as to where the layoffs might happen and says there’s no specific business line that they’re targeting.   Wells Fargo is based in San Francisco but has just under 46-hundred employees in the Philadelphia market. It is the second-largest bank by deposits in the area.