Wells Fargo Lays Off 444 Employees in Oregon Cities
SOURCENews reportView the filing ↗
What we know
Location: Portland, Hillsboro, Salem, Oregon, USA.
Based on news reporting.
Summary
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 cut 444 jobs in OR as of October 28, 2025.
That is roughly 0.2% of the 220,167 people Wells Fargo & Company employs.
LayoffTalk has tracked 59 layoff events at Wells Fargo & Company since April 2023, including 508 jobs documented in official WARN filings, with 48 additional events known from news reporting.
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