Wells Fargo lays off 140 employees in its home lending division in Springfield. The layoffs occurred as part of the decision to exit Correspondent.
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Hopefully Homer is still employed.
The WARN notice does not provide a final layoff date for this group
I am one affected and we are still working. Also, article states will close by 3rd qtr, we were told 1st qtr
mortgage ops town hall this friday will probably have more info
The article wasn't completely accurate though, because they actually didn't get official notice on 1/11. The day the news hit that WF was exiting Correspondent, was the first they had heard of it. They had a call where they were told don't worry, it's not a layoff notice. They knew it was coming, but didn't know when.
According to the article, they happened in 1/11.
So sorry to hear this news. I worked with many at that office before I was laid off about a year ago. Best of luck to those impacted.
Since this is a layoff site, and since the news of Wells exiting Correspondent lending, broke earlier this month, it seemed like relevant information.
This is a layoff site… how is that fear-mongering? Why are you even here ?