< PrevNext > 28. Wells Fargo San Francisco Share 2018 U.S.-Booked Air Volume: $120 million2018 Global T&E: $618 millionConsolidated U.S. TMC: Amex GBTBanking and financial giant Wells Fargo cut its global T&E expenditure $69 million in 2018 from 2017's $687 million. BTN estimates Wells Fargo's spending on U.S.-booked air travel dropped, as well, by 8 percent.Among the moves that the company has made to cut travel spending is a requirement for travelers to obtain pretrip approval for certain types of high-cost or international travel and for air carriers and hotels outside Wells Fargo's roster of preferred suppliers. Employees also must consider remote conferencing as an alternative to travel for internal meetings and are required to book travel through the company's preferred channels. Wells Fargo in recent years has begun treating meetings companywide as a business process management initiative, gaining more control of the budget-approval process and capturing savings data.The carbon dioxide equivalent emissions generated by Wells Fargo's business air travel dropped more than 3 percent in 2018 to about 93,800 metric tons. Wells Fargo's preferred global travel management company was HRG, which American Express Global Business Travel acquired last year. The company's revenue dropped 2 percent in 2018 to $86.4 billion. Wells Fargo employed 258,700 people at the end of last year, down 2 percent from 2017.