Employee terminations

U.S. District Judge Amy Berman Jackson agreed to temporarily block the Trump administration from firing more CPFB employees and said the White House could not delete or destroy any of the bureau's data or databases.

The firm may get rid of up to 4,000 jobs to contain a slump in profit and revenue, people with knowledge of the matter said earlier this month, although the final number could come in lower.

The industry is grappling with how to thank member-facing staff while also determining how newly mandated leave laws will impact them.

There are concerns that artificial intelligence could erase jobs across financial firms, but it will actually benefit employees by cutting rote tasks, giving them time to focus on more fulfilling work.

Wells Fargo will lay off 1,000 workers primarily from its mortgage unit in the first major round of a previously announced plan to cut the bank's workforce by as much as 10% over the next three years.

The cuts are part of a broader effort to trim expenses by roughly $3 billion a year by 2020.

While layoffs are a regular part of life in much of the workforce, that's not generally the case at credit unions. But analysts say there are multiple factors contributing to that, and it takes a strategy to ensure stability.

Codorus Valley Bancorp fired Dwight Utz, the head of its bank unit, "without cause" just a few weeks after reporting earnings of $12 million for 2017.

The New York firm, which offers high-cost credit to small businesses, has attributed its recent struggles to certain loans performing worse than had been expected.

The San Francisco company is combining its regional and area president positions into a single role called region bank president.