Specific Instances:
Hillsboro, Oregon:
Wells Fargo is closing its call center in Hillsboro and laying off 500 workers.
Des Moines, Iowa:
Wells Fargo has announced layoffs in the Des Moines metro area, including a recent round of 33 employees in April. Since April 2022, a total of 1,044 workforce reductions have been made in the Des Moines metro, with 342 in 2024.
Cedar Rapids, Iowa:
Wells Fargo has laid off 46 employees in the Des Moines area, bringing the total to 113 for the year, according to a state report, says Business Record.
Other Locations:
Wells Fargo has also announced layoffs at other sites, with some sources indicating that many sites may be closed by the end of 2025, according to a post on Reddit.
General Trends:
Workforce Reductions:
Wells Fargo has been reducing its workforce in various locations, citing adjustments to align with market conditions and business needs.
"Last In, First Out":
Some reports suggest that newer employees may be at higher risk of being laid off, as well as recruiters and higher earners.
Severance Packages:
Wells Fargo typically provides severance packages to affected employees, ranging from a few weeks to several months of pay, depending on their length of service.
Assistance:
The company also provides assistance with finding other opportunities within the company and provides career counseling if other jobs are not available, as reported by The Des Moines Register.
14 replies (most recent on top)
Many positions have been moved to India and the Philippines only downsizing in the USA.
Sacramento, CA
i heard risk is affected
Too many sites. This is DOGE approved
Mrs Simmons stole my closed account,
MA
“Never attribute to malice that which is adequately explained by stupidity.”
@bw convince yourself of whatever you want. This site is moderated by people with an agenda, and that has been proven repeatedly.
IHTIA went from troll post to the basic "Nobody GAF". And yet it's moderation-worthy? This place is absolutely worthless.
A$$
I heard tech is affected from the I heard tech is affected guy.
Thanks for more AI hallucinations and rephrasing of stuff we already know?
@bw+1jsx15sdz
You are the ignorant one. We've all seen our leader himself comment here, and people tag things hashtag admin to have things removed. Gfy.
@bs+1jsx15sdz The ignorance runs deep in you aye? You actually think Wells has any influence on the posts here and is “trying to hide” something? “I heard Tech is affected” has become an ignorable cliche on this site but is not a deletable offense on its own merit. More likely the poster is on a ban list and the site’s automation catches it when it runs its checks.
This entire thread is a nothing burger.
What gives? What is Wells trying to hide? The first comment on this post was "I heard tech is affected." Looks like the admin took down the first response. Why? Strange.
Office closures in San Francisco Bay Area