6 years ago
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Wells Fargo Layoffs: Bank Cutting American Jobs, Taking Them Overseas
Wells Fargo & Co layoffs are leaving hundreds of Americans out of work as the leading American bank moves jobs to the Philippines. In a Senate hearing on the fake accounts scandal last week, Wells Fargo CEO Tim Sloan confessed that the bank has been cutting U.S. call center jobs while adding to its workforce in the Asian country.
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If they could get away with it,all companies would relocate till there comes a point when they only have to pay Americans a penny a day,then they would move back.