Thread regarding Wells Fargo & Co. layoffs

desmoinesregister

Wells Fargo Announces New Layoffs in West Des Moines

Wells Fargo announced 33 additional layoffs at its Jordan Creek campus. These job cuts in West Des Moines are effective March 20. This latest round brings the total Des Moines metro layoffs to 1,426 since April 2022. CEO Charlie Scharf has consistently warned of ongoing workforce reductions. He attributes these changes to efficiency goals and the impact of artificial intelligence.

https://www.desmoinesregister.com/story/money/business/2026/01/23/wells-fargo-layoffs-jordan-creek-west-des-moines/88318441007/

#AI #DesMoines #Layoff #Layoffs
by Anonymous
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Post ID: @OP+1kfp83434
Comment! It's anonymous!

5 replies (most recent on top)

  • Wells Fargo announced 33 additional layoffs at its Jordan Creek campus in West Des Moines, effective March 20.
  • The new cuts bring total announced layoffs in the Des Moines metro to 1,426 since April 2022, including 185 across seven rounds since September.
  • Company leadership says the reductions are driven by a push for efficiency and the increasing impact of artificial intelligence.
  • Wells Fargo has not specified which divisions are affected, though its Des Moines–based home mortgage operations have scaled back amid higher interest rates and lower demand.
  • Local employment has declined from a 2017 peak of 14,500 to just over 11,000, with CEO Charlie Scharf signaling that additional workforce reductions are likely.
by Anonymous
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Post ID: @cd+1kfp83434

Does not count people termed for fake performance

by Anonymous
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Post ID: @aq+1kfp83434

@aa then do it

by Anonymous
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Post ID: @ac+1kfp83434

Would love for someone to pull current employee counts for (country codes) USA, IND and PHL from employee look-up...

by Anonymous
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Post ID: @aa+1kfp83434

these were the people given notice this past Tuesday

by Anonymous
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Post ID: @a5+1kfp83434

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