Wells Fargo starts cost-cutting layoffs amid COVID-19 blight

Wells Fargo, the scandal-plagued bank that hired a new CEO last year, has begun anticipated layoffs amid a COVID-19 economic swoon that has chilled the once-thriving U.S. labor market.  The bank initially paused what it calls "new job displacements" in March as the pandemic shut down swaths of U.S. businesses...