Wells Fargo and JPMorgan Chase Report 77 Job Cuts in Financials
Two Financials-sector layoffs between Aug. 20–21, 2026, total 77 roles, per a WARN filing and The Des Moines Register.
Lede
Two Financials-sector employers disclosed workforce reductions during the Aug. 20–21, 2026 window that together affect 77 employees, according to public filings and local reporting. The notifications include a local Wells Fargo cut reported by The Des Moines Register and a separate WARN filing for JPMorgan Chase.
Reported layoffs
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Wells Fargo & Company — 14 employees, West Des Moines, Iowa (effective Oct. 17, 2026). Per a WARN filing reported by The Des Moines Register, Wells Fargo said the reductions at its Jordan Creek campus are part of the bank's 12th round of cuts in 2026. The filing places the local action within the company's broader tally of announced cuts this year and in the Des Moines area, as reported by The Des Moines Register.
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JPMorgan Chase & Co. — 63 employees (location not specified). The reduction was reported via a WARN filing with state regulators, which lists the job count and timing details with state authorities.
Closing
Combined, the two notices total 77 affected positions in the Financials sector in the Aug. 20–21, 2026 reporting window. The facts above are drawn from the cited WARN filing and The Des Moines Register reporting.