Wells Fargo & Company

Wells Fargo is planning an additional round of layoffs at its West Des Moines campus, with the Iowa WARN website reporting 14 workers will be laid off effective October 17, 2026. The article notes that, including this planned action, a total of 322 Wells Fargo employees in the Des Moines metro have been let go so far this year. The reporting is based on a WARN filing that specifies the effective date for the 14 job cuts but does not identify a specific department or provide reasons for the reductions. The coverage frames this as a continuation of workforce reductions at the bank's Des Moines-area operations.

Wells Fargo announced another round of layoffs at its West Des Moines campus, saying an additional 20 employees will be laid off effective September 5, 2026. The article notes these cuts add to several earlier rounds this year that have affected more than 300 employees in West Des Moines. No specific department was named and the company did not give further reasons or details in the article. The planned action is presented as an upcoming, scheduled reduction in staff at that location.

Wells Fargo plans to lay off 93 employees at its West Des Moines campus, according to an Iowa WARN notice. The reductions will occur in phases: 30 employees in July, 43 toward the end of August, and 20 on Sept. 5. The notice indicates the layoffs will take place over the next few months and follows multiple prior layoff actions at the company's Jordan Creek campus since February. The article provides a timeline and exact phased counts but does not specify a department or offer reasons for the cuts.

Wells Fargo notified Iowa's WARN site that it will eliminate 20 positions at its Jordan Creek campus in West Des Moines effective Sept. 5. This is the bank's ninth round of layoffs at that campus since February and brings the total number of cuts there this year to 281 after an earlier reduction of 49 in February. The article notes broader reductions in the Des Moines metro since April 2022 (1,578 announced cuts) and that Wells Fargo's national employment has fallen by about 65,000 since 2019 amid strategic restructuring, higher rates, regulatory pressure and industry changes such as AI. The company did not specify which divisions the September cuts will affect or whether affected staff might be reassigned within the firm.

Wells Fargo & Company warned that it expects additional layoffs as the bank becomes "more automated," signaling further workforce reductions despite reporting strong earnings. The bank's leadership indicated that automation and ongoing productivity efforts will drive future job cuts, but the article did not provide a specific headcount, timeline, or affected departments. Management framed the reductions as part of broader efficiency and technology-driven changes rather than a reaction to weak financial performance. No explicit planned layoff dates or exact numbers of employees affected were disclosed in the article, only that additional cuts are expected.

Wells Fargo announced its 10th round of layoffs with notices delivered July 22, 2026, adding 20 more employees in West Des Moines and bringing the local total to 301 after an earlier reduction of 49 in February. State data shows more than 1,500 Iowa employees have been laid off since April 2022, with additional job losses via attrition, and the company’s national employment has fallen by about 65,000 since 2019 under CEO Charlie Scharf. The affected employees received notice on July 22 and have a final work date of Sept. 19, 2026. The bank did not specify which divisions were impacted or whether employees would be retained in other roles; reasons cited in the article include broader industry pressures such as AI, higher interest rates, regulatory factors, and strategic staffing adjustments.

Wells Fargo & Company has eliminated 79,000 jobs over the past six years as part of an ongoing efficiency programme, with headcount declining for 24 consecutive quarters to 197,000 employees worldwide at the end of Q2. The bank reported 15,000 fewer employees than a year ago and cut 3,500 jobs compared with the previous quarter. Executives said further workforce reductions are expected as investments in technology and artificial intelligence boost productivity, even as the firm continues hiring in customer-facing and growth-focused roles like branch bankers, investment advisers, commercial-banking relationship managers, and technology and cybersecurity positions. The workforce changes accompanied stronger financial results for the quarter ended June 30, including revenue of $22.62 billion and net income of $12.3 billion, with management framing the cuts as part of reshaping the workforce for efficiency and strategic growth.

Wells Fargo has eliminated 79,000 jobs over the past six years and reported that headcount continues to decline, with 197,000 employees worldwide at the end of the second quarter. The bank said it has 15,000 fewer employees than a year ago and cut about 3,500 jobs compared with the previous quarter. Executives, including CFO Mike Santomassimo and CEO Charlie Scharf, said further workforce reductions are expected as investments in technology and AI improve efficiency, though the bank continues to hire in growth and client-facing areas such as branch banking, wealth advisers, commercial banking and technology roles. The workforce update accompanied stronger quarterly financial results, with revenue and net income up year over year, and Wells Fargo framed the cuts as part of ongoing efficiency and digital-transformation efforts.

Wells Fargo announced another round of layoffs at its Jordan Creek campus in West Des Moines, marking the bank's ninth round of cuts since February. The layoffs were reported via Iowa's Worker Adjustment and Retraining Notification site and covered by local reporters. The article does not specify the number of employees affected, the specific departments targeted, or exact dates for when this latest round occurred. Coverage situates these cuts within an ongoing series of workforce reductions at Wells Fargo but provides no additional details about reasons or the size of the reduction.

Wells Fargo & Company announced additional job reductions affecting its Jordan Creek branch in West Des Moines, Iowa, as part of broader nationwide paring of staff. The article reports layoffs at the Jordan Creek location and places those cuts in the context of companywide staffing reductions but does not specify an exact number of employees affected at that branch or overall. The reductions are described as part of a wider effort by Wells Fargo to slim operations, affecting retail branch staffing. No precise dates or counts for the Jordan Creek layoffs are provided in the article.

Wells Fargo & Company has announced layoffs affecting approximately 100 employees at its Jordan Creek location as part of a broader effort to reduce its workforce nationwide. This decision comes amid ongoing restructuring efforts within the company, which has been facing challenges in the current economic climate. The layoffs are part of a series of job cuts that the bank has implemented across various locations. The company aims to streamline operations and improve efficiency, reflecting a shift in its business strategy. Employees were informed of the layoffs on October 1, 2023, as the bank continues to adapt to changing market conditions.

Wells Fargo & Company has laid off approximately 500 employees from its technology department in San Francisco as part of a restructuring effort. The layoffs have sparked renewed discussions regarding the company's reliance on H-1B visa workers amidst ongoing debates about immigration policies. This move comes as the bank aims to streamline operations and reduce costs in a challenging economic environment. The layoffs are part of a broader trend in the financial sector as companies adapt to changing market conditions. The affected employees were notified on October 1, 2023, marking a significant shift in the company's workforce strategy.

Wells Fargo & Company has announced the layoff of approximately 200 employees in West Des Moines, Iowa. This decision is part of a broader restructuring effort aimed at streamlining operations and reducing costs. The layoffs are expected to take effect in early October 2023. This move reflects the company's ongoing adjustments in response to changing market conditions and operational efficiencies. The affected positions primarily involve roles that are being consolidated as part of the company's strategic realignment.

Wells Fargo & Company has announced layoffs affecting approximately 300 employees in its West Des Moines office, with the layoffs taking effect on October 1, 2023. This decision is part of the company's ongoing efforts to streamline operations and reduce costs amid challenging economic conditions. The layoffs are expected to impact various roles within the organization, although specific departments were not detailed in the announcement. This move follows previous workforce reductions and reflects the bank's strategy to adapt to a shifting financial landscape.

Wells Fargo & Company has announced a significant reduction in its workforce, laying off approximately 3,000 employees due to a slowdown in the mortgage market. This decision reflects the company's ongoing challenges in the mortgage sector, which has been adversely affected by rising interest rates and decreased demand for home loans. The layoffs are part of a broader restructuring effort aimed at aligning the company's resources with current market conditions. The affected employees are primarily from the mortgage division, and the layoffs are expected to impact operations across the United States. This move underscores the difficulties facing Wells Fargo as it navigates a changing economic landscape.

Wells Fargo & Company has been undergoing a significant reduction in its workforce, with the CEO celebrating 23 consecutive quarters of headcount reductions. While specific numbers of employees laid off were not disclosed in the article, the ongoing layoffs reflect the company's strategy to streamline operations amidst growth. The CEO's remarks indicate a focus on efficiency and cost management, suggesting that these layoffs are part of a broader restructuring effort. The article highlights the company's commitment to maintaining a lean workforce while navigating the challenges of the financial sector.

Wells Fargo has laid off 112 employees in its Raleigh office as part of a shift towards automation. This decision reflects the company's ongoing efforts to streamline operations and reduce costs. The layoffs are a significant move for the major employer in North Carolina, indicating a broader trend in the banking industry towards technological advancements. The affected employees were notified recently, and the company aims to enhance efficiency through automated processes. This move underscores the challenges traditional banks face in adapting to a rapidly changing financial landscape.

Wells Fargo & Company has announced layoffs affecting approximately 2,000 employees as part of its ongoing restructuring efforts. The layoffs are part of a broader strategy to streamline operations and reduce costs amid challenging economic conditions. The company has faced scrutiny over its business practices and is working to regain customer trust while improving its financial performance. The layoffs are expected to impact various departments across the organization, although specific locations and departments have not been disclosed. This move reflects the bank's commitment to adapting to the evolving financial landscape and enhancing operational efficiency.

Wells Fargo has announced layoffs affecting approximately 500 employees in North Carolina. This decision comes as the company faces ongoing challenges in the financial sector, including regulatory pressures and a need to streamline operations. The layoffs are part of a broader effort to reduce costs and improve efficiency within the organization. The affected employees will be notified shortly, and the company is working to provide support during this transition. This move reflects the current state of the banking industry, where many firms are adjusting their workforce in response to economic conditions.

Wells Fargo has laid off 49 employees from its West Des Moines campus. This decision reflects ongoing adjustments within the company as it navigates current economic conditions. The layoffs are part of a broader strategy to streamline operations and improve efficiency. The affected employees were notified recently, and the company continues to assess its workforce needs in light of market demands. Wells Fargo remains committed to supporting its employees during this transition.

Wells Fargo notified local officials and the California Employment Development Department that it will eliminate 114 jobs at its Butano Drive office in Sacramento, effective Feb. 6, 2026. The cuts will scale back operations in the chief operating office and within consumer, small and business banking units, with the heaviest losses in product support and customer service. Affected employees were reportedly given displacement packets and will receive severance pay based on tenure; the notice complies with California and federal WARN act requirements. The article notes these Sacramento reductions come as Wells Fargo plans broader companywide layoffs going into 2026 and that the CEO has said more AI rollouts are expected next year.

Wells Fargo & Company has laid off approximately 36 employees at its West Des Moines location. The job cuts are part of a broader restructuring effort within the company. This decision reflects ongoing adjustments in response to market conditions and operational efficiencies. The layoffs were confirmed to have already taken place, impacting a small number of positions at the site. Wells Fargo continues to evaluate its workforce needs as it navigates the current economic landscape.

Wells Fargo has confirmed plans for job cuts scheduled for January 16, 2026, as part of its ongoing efficiency drive. The company aims to streamline operations and reduce costs, although specific numbers of positions affected have not been disclosed. This decision reflects a broader trend in the financial sector, where companies are increasingly focusing on operational efficiency. The planned layoffs are part of a strategic restructuring to adapt to changing market conditions and improve profitability.

Wells Fargo & Company has recently laid off 5,600 workers, significantly impacting its profits due to severance costs. This decision comes as the bank navigates financial challenges, with the layoffs reflecting a broader trend in the banking sector. The company has faced scrutiny over its operational efficiency and profitability, leading to this substantial workforce reduction. The layoffs are part of a strategic move to streamline operations and manage costs more effectively in a competitive market. As a result, Wells Fargo is adjusting its workforce to better align with current economic conditions.

Wells Fargo & Company has laid off a total of 444 employees across its locations in Portland, Hillsboro, and Salem, Oregon. This decision reflects the company's ongoing efforts to streamline operations and reduce costs in response to changing market conditions. The layoffs are part of a broader trend affecting the banking sector, as financial institutions adjust their workforce to align with current economic realities. The affected employees were notified in early October 2023, marking a significant reduction in the company's local workforce.

Wells Fargo & Company’s CEO Charlie Scharf told Reuters the bank expects further reductions in its workforce and higher severance costs in the current fourth quarter and anticipates having fewer people going into next year as it rolls out AI incrementally through 2026. Scharf said AI will drive efficiencies and could affect headcount, noting engineering teams using Gen AI are 30–35% more efficient, though the bank has not yet reduced coding headcount. Since 2019 Wells Fargo’s employee total fell from 275,000 to just over 210,000 as of Sept. 30, 2025; the company signaled additional cuts align with ongoing efficiency efforts rather than a specific department or location. No explicit headcount number or exact timing for the planned cuts was provided in the article, only that more severance is likely in the fourth quarter and further reductions are expected into 2026.

Wells Fargo & Company has announced 50 layoffs at its Wells Fargo Tower in Portland. This decision is part of the company's ongoing efforts to streamline operations and reduce costs. The layoffs are effective immediately, impacting employees in the Portland area. This move reflects the bank's broader strategy to adapt to changing market conditions and improve efficiency. The company has not specified the departments affected by these layoffs, but it indicates a continued focus on restructuring its workforce. Wells Fargo's recent actions highlight the challenges faced by financial institutions in the current economic climate.

Wells Fargo & Company has laid off nearly 400 employees in its India operations over the past two months as part of a global operations realignment. The majority of the layoffs have impacted the engineering division and the Chief Administrative Office (CAO). This move reflects the company's ongoing efforts to streamline its operations and adjust to changing market conditions. The layoffs are significant for the affected employees and indicate a shift in Wells Fargo's operational strategy in the region.

Wells Fargo & Company has laid off four local executives as part of a broader business unit closure. This decision reflects the company's ongoing restructuring efforts aimed at streamlining operations. The layoffs are indicative of the challenges the bank is facing in adapting to market conditions and optimizing its workforce. While specific details about the affected department and location were not provided, the move highlights Wells Fargo's commitment to reducing costs and improving efficiency in its operations.

Wells Fargo & Company has laid off approximately 36 employees in the Bay Area as part of its ongoing restructuring efforts. The layoffs are part of a broader strategy to streamline operations and reduce costs amid changing market conditions. The affected employees were notified of their termination on October 1, 2023. This move reflects the company's response to the evolving financial landscape and aims to enhance operational efficiency. While the specific departments impacted were not disclosed, the layoffs contribute to Wells Fargo's efforts to adapt to current economic challenges.

Wells Fargo & Company is set to close its call center in Oregon, resulting in the layoff of 221 employees. This decision is part of the company's ongoing efforts to streamline operations and reduce costs. The layoffs are expected to take effect on October 1, 2023. The closure reflects broader trends in the banking industry as companies adapt to changing customer service needs and technological advancements. Employees affected by this decision will be provided with support and resources to assist in their transition.

Wells Fargo & Company has announced that it will lay off 147 employees at its Salem call center, with the layoffs scheduled to take effect the day after Christmas, December 26, 2023. This decision comes as part of the company's restructuring efforts, which include the closure of the Salem facility. The layoffs are indicative of broader changes within the company as it adapts to shifting market conditions and operational needs. Employees affected by this decision will be notified ahead of the closure, and the company is expected to provide support during the transition.

Wells Fargo & Company is set to lay off 63 employees on December 26, 2023. This decision is part of a broader restructuring effort, with indications that more layoffs may follow in the near future. The company has not specified the locations or departments affected by these job cuts. This move reflects ongoing adjustments within the organization as it navigates current economic challenges. The layoffs are part of a strategic plan to streamline operations and improve efficiency.

Wells Fargo & Company has laid off 112 employees at its Raleigh location as part of a shift towards automation. This decision reflects the company's ongoing efforts to streamline operations and adapt to changing market conditions. The layoffs are part of a broader trend among major employers in North Carolina, as they increasingly look to integrate technology into their workflows. The affected employees were notified on October 10, 2023, marking a significant workforce reduction for the bank in the region. This move underscores the challenges faced by traditional banking institutions as they navigate the evolving landscape of financial services.

Wells Fargo & Company is cutting jobs at its West Des Moines campus, with the Iowa WARN website reporting an additional 14 workers will be laid off effective October 17, 2026. The article notes that, including this round, a total of 322 Wells Fargo employees in the Des Moines metro have been let go so far this year. No specific department or reason for the cuts is provided in the article. The notice appears to be a formal announcement of a workforce reduction affecting the branch campus in West Des Moines.

Wells Fargo is conducting additional workforce reductions at its West Des Moines campus in central Iowa. According to the Iowa WARN website, 20 Wells Fargo employees at the West Des Moines campus will receive pink slips with last day listed as September 19, and 43 additional positions are scheduled to be eliminated on August 22. The article also notes that the bank has laid off 301 employees in the Des Moines metro in 2026 as context. The reported West Des Moines reductions are planned/scheduled actions with specific termination dates provided for the affected groups.

Wells Fargo has announced plans to lay off 147 employees at its Salem call center, effective the day after Christmas, December 26, 2023. This decision comes as the company closes the call center, indicating a shift in its operational strategy. The layoffs are part of a broader trend in the financial services industry, but specific reasons for the closure were not detailed in the announcement. Employees affected will be notified ahead of the closure, and the company is expected to provide support during the transition. This move reflects ongoing adjustments within Wells Fargo's workforce management.

Wells Fargo & Company has announced plans to lay off 112 workers in North Carolina. This decision is part of a broader restructuring effort within the bank. The layoffs are expected to impact various roles, although specific departments were not detailed in the announcement. The company has indicated that these job cuts are necessary to streamline operations and improve efficiency. The exact timeline for the layoffs has not been disclosed, but they are anticipated to occur in the near future. This move reflects ongoing challenges within the banking sector as companies adjust to changing market conditions.

Wells Fargo & Company has announced plans for further layoffs at its Jordan Creek campus in West Des Moines, Iowa, affecting approximately 200 employees. This decision comes as part of the company's ongoing restructuring efforts aimed at enhancing operational efficiency. The layoffs are expected to take place in the coming months, although specific dates have not been disclosed. The company has faced challenges in recent years, prompting these workforce adjustments to align with its strategic goals. This move follows previous layoffs and reflects the bank's commitment to adapting to changing market conditions.

Wells Fargo & Company has announced plans to lay off approximately 500 employees in June 2023. This decision is part of a broader trend affecting multiple companies, including Apple and Gilead, as they adjust their workforce in response to changing market conditions. While specific details regarding the departments or locations impacted by these layoffs have not been disclosed, the move reflects ongoing challenges within the financial sector. The layoffs are expected to take place on June 1, 2023, as the company seeks to streamline operations and reduce costs.

Wells Fargo's CFO has indicated that the company expects to implement further layoffs following the recent reduction of tens of thousands of positions. The statement reflects an ongoing strategy to streamline operations, suggesting that the workforce may need to be reduced further to align with business objectives. While specific numbers or dates for these upcoming layoffs were not disclosed, the CFO's comments highlight a continued focus on efficiency within the organization. This follows a significant workforce reduction that has already taken place, emphasizing the company's shift towards a leaner operational model.

Wells Fargo & Company has announced plans to lay off more than 400 workers in Oregon. This decision reflects the company's ongoing restructuring efforts as it adjusts its workforce to meet current business needs. The layoffs are part of a broader strategy to streamline operations and improve efficiency. Specific details regarding the timeline for these layoffs have not yet been disclosed. The company aims to navigate the challenges posed by the evolving financial landscape while maintaining its commitment to service.

Wells Fargo told investors it expects to cut more jobs as part of an ongoing efficiency drive, indicating further workforce reductions are likely though it did not provide a specific headcount or timing. The bank has been reducing expenses and streamlining operations, and management said additional job cuts are expected as they pursue higher efficiency. No specific departments, locations, or dates for the planned reductions were disclosed in the reporting. The announcement framed the moves as part of broader cost-saving and efficiency efforts rather than responses to a sudden crisis.

Wells Fargo has indicated that it will be implementing further layoffs as part of its ongoing job cuts. The company has been facing challenges that have led to a restructuring of its workforce. While specific numbers of employees affected have not been disclosed, the announcement suggests that these layoffs are part of a broader strategy to streamline operations. The exact timing and locations of the upcoming layoffs remain unspecified, but the company is actively working on reducing its workforce in response to current economic conditions.

Wells Fargo has announced the layoff of 114 employees at its Arden-Arcade office. This decision comes amid expectations from the CEO for further job cuts in the future. The layoffs reflect ongoing adjustments within the company as it navigates its operational strategy. While the current layoffs have already occurred, the CEO's comments suggest that more reductions may be on the horizon, indicating a challenging period ahead for the workforce.

Wells Fargo is evaluating potential job cuts as it explores the integration of artificial intelligence into its operations. The bank has not specified the number of positions that may be affected or the timeline for these changes. The discussion around layoffs comes amid broader industry trends where financial institutions are increasingly adopting AI technologies to enhance efficiency and reduce costs. While the exact impact on employment remains unclear, the bank's leadership has indicated that workforce adjustments may be necessary to align with technological advancements. This situation reflects ongoing shifts in the banking sector as companies adapt to new digital tools.

Wells Fargo & Company has indicated that it will implement further layoffs as part of its ongoing job cuts. The company has been adjusting its workforce in response to various economic pressures and aims to streamline operations. While specific numbers and dates for the upcoming layoffs have not been disclosed, the announcement reflects the bank's continued efforts to manage costs and adapt to changing market conditions. This follows previous rounds of layoffs, highlighting the company's proactive approach to workforce management amidst a challenging economic landscape.

Wells Fargo & Company has indicated that it will be implementing further layoffs as part of its ongoing job cuts. The bank has been actively reducing its workforce in response to various economic pressures and restructuring efforts. While specific numbers or dates for these upcoming layoffs have not been disclosed, the company has acknowledged the need for continued adjustments to its staffing levels. This decision reflects the broader trend of workforce reductions within the financial sector as companies adapt to changing market conditions.

Wells Fargo has announced additional layoffs at its Jordan Creek campus in West Des Moines, marking the bank's ninth round of cuts since February, according to Iowa's WARN site. The article references continuing reductions in staff at that campus but does not specify the number of employees affected, the exact department impacted, or a concrete date for the new layoffs. Reporting credits note the information comes from the state's Worker Adjustment and Retraining Notification system and local reporters. No details on reasons beyond ongoing reductions or on planned timing or headcount were provided in the article.

Wells Fargo & Company has indicated that it plans to implement further layoffs as part of its ongoing job cuts. The company has been restructuring its workforce in response to economic pressures and aims to streamline operations. While specific numbers and dates for the upcoming layoffs have not been disclosed, the announcement reflects the bank's continued efforts to adjust its workforce amid challenging market conditions. This move follows previous rounds of layoffs and is part of a broader trend within the financial sector.