Location: West Des Moines, Iowa.
Based on news reporting.
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 cut 300 jobs as of October 1, 2023.
That is roughly 0.1% of the 220,167 people Wells Fargo & Company employs.
LayoffTalk has tracked 33 layoff events at Wells Fargo & Company since May 2023, affecting a combined 14,038 employees.
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