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REPORTED · NEWSPublished Jul 24, 2026

Wells Fargo Cuts 20 Jobs in West Des Moines, Total at 301 in Latest Round

EMPLOYEES AFFECTED
20
EFFECTIVE DATE
Jul 22, 2026
20 OF 220,167 EMPLOYEES

What we know

Location: West Des Moines, Iowa.

Based on news reporting.

Summary

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 cut 20 jobs as of July 22, 2026.

LayoffTalk has tracked 67 layoff events at Wells Fargo & Company since April 2023, affecting a combined 14,654 employees.

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SOURCE
News reporting
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Wells Fargo & CompanyWFC
Financials · 220,167 employees
67
EVENTS TRACKED
21K
AFFECTED SINCE 2023
View company profile

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CREATED JUL 24, 2026LAST UPDATED JUL 28, 2026