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REPORTED · NEWSPublished Dec 10, 2025

Wells Fargo Lays Off Nearly 400 Employees in India Operations

EMPLOYEES AFFECTED
400
SHARE OF WORKFORCE
~0.2%
EFFECTIVE DATE
Jul 16, 2025
400 OF 220,167 EMPLOYEES

What we know

Location: India.

Department affected: engineering division and Chief Administrative Office (CAO).

Based on news reporting.

Summary

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 cut 400 jobs affecting its engineering division and Chief Administrative Office (CAO) team as of July 16, 2025.

That is roughly 0.2% 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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SOURCE
News reporting
View original source ↗
W
Wells Fargo & CompanyWFC
Financial Services · 220,167 employees
33
EVENTS TRACKED
20K
AFFECTED SINCE 2023
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CREATED DEC 10, 2025LAST UPDATED DEC 28, 2025