Wells Fargo Plans Additional Layoffs Amid Ongoing Job Cuts
SOURCENews reportView the filing ↗
What we know
Location: Salem, Oregon, USA.
Department affected: Call center.
Based on news reporting.
Summary
Wells Fargo & Company has indicated that it will be implementing further layoffs as part of its ongoing job cuts. The bank has been actively reducing its workforce in response to various economic pressures and restructuring efforts. While specific numbers or dates for these upcoming layoffs have not been disclosed, the company has acknowledged the need for continued adjustments to its staffing levels. This decision reflects the broader trend of workforce reductions within the financial sector as companies adapt to changing market conditions.
Wells Fargo & Company cut 147 jobs in OR affecting its Call center team.
That is roughly 0.1% 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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Estimated figure based on news reporting. Not yet confirmed by Wells Fargo & Company.
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