Wells Layoffs

Recent News and Discussions About Wells Layoffs

Active threads re. Wells Fargo & Co. Layoffs – TheLayoff.com

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Active threads re. Wells Fargo & Co. Layoffs - TheLayoff.com
Wells Fargo & Co. Layoffs: Downsizing related discussion, postings, …


Latest Wells Fargo News: Layoffs, Hiring Scrutiny, Mortgage …

https://www.businessinsider.com/latest-wells-fargo-news-hirings-layoffs

Jun 28, 2022 — Wells Fargo has laid off some employees and fired others in its mortgage division. It’s also faced scrutiny over lending and hiring practices.


Wells Fargo launches new round of home-lending layoffs

https://www.bankingdive.com/news/wells-fargo-launches-new-round-of-home-lending-layoffs/626758/

Jul 7, 2022 — Wells Fargo notified 107 Iowa-based workers last week they would be laid off by late August, according to Worker Adjustment and Retraining …


Wells Fargo starts layoffs in home lending unit – Banking Dive

https://www.bankingdive.com/news/wells-fargo-starts-layoffs-in-home-lending-unit/622632/

Apr 25, 2022 — Wells Fargo has begun laying off an undisclosed number of its home lending employees, little more than a week after reporting mortgage …


Wells Fargo lays off 107 more workers in Des Moines metro

https://www.desmoinesregister.com/story/money/business/2022/07/05/wells-fargo-layoffs-jobs-cuts-des-moines-ankeny-employees/7810237001/

Jul 5, 2022 — Wells Fargo & Co. announced another round of layoffs in the Des Moines metro last week, more than doubling the number of workers at the banking …


Wells Fargo continues mortgage layoffs

https://www.nationalmortgagenews.com/news/wells-fargo-continues-mortgage-layoffs

Jul 6, 2022 — Wells Fargo will lay off 107 workers at the end of August in Des Moines, where its home mortgage division is based. It was the company’s …


In retreat, Wells Fargo cuts additional mortgage jobs

In retreat, Wells Fargo cuts additional mortgage jobs

Jul 6, 2022 — Wells Fargo, the third-biggest mortgage lender in the country, will lay off 125 employees in its home lending division in Iowa by the end of …


Layoffs Watch ’22: JPMorgan Chase, Wells Fargo – Dealbreaker

https://dealbreaker.com/2022/06/jpmc-wells-mortgage-layoffs

Jun 23, 2022 — Layoffs Watch ’22: JPMorgan Chase, Wells Fargo … Wells Fargo & Co., the biggest mortgage lender among US banks, has also been laying off …


Wells Fargo job cuts likely hit all markets – WSOC TV

https://www.wsoctv.com/news/local/wells-fargo-job-cuts-likely-hit-all-markets/A22AMXX6EFEB3LIGBCGWHNTWVI/

Apr 26, 2022 — San Francisco-based Wells Fargo confirmed the layoffs , issuing the following statement: “The home lending displacements last week were the …


Wells Fargo confirms layoffs in effort to ‘build stronger company’


Frequently Asked Questions

Is Wells Fargo laying off employees?

An undisclosed number of cuts in April affected the bank’s offices in Phoenix, San Antonio, Minneapolis and Charlotte, North Carolina, The Layoff reported. Further, at least 32 Wells Fargo employees in California have been targeted for layoffs since April, according to WARN notices seen by American Banker.

Why did Wells Fargo lay off employees?

San Francisco-based Wells Fargo confirmed the layoffs, issuing the following statement: “The home lending displacements last week were the result of cyclical changes in the broader home-lending environment. The employees affected by these changes have each been an essential part of our success.

Are layoffs Coming 2022?

After a banner year for tech, layoffs are here. In fact, as of mid-July, more than 28,000 workers in the U.S. tech sector have been laid off in mass job cuts so far in 2022, according to a Crunchbase News tally.

What mortgage companies are laying off?

According to HousingWire, other mortgage lenders conducting layoffs in 2022 include New Residential Investment Corp. (386 positions), Owning Group (189 employees), Pennymac Financial Services (474 positions), Interfirst Mortgage Co. (491 workers), Mr. Cooper (about 670 positions), and Stearns Lending (348 employees).

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