Wells Fargo to lay off more than 100 North Carolina employees

Wells Fargo to cut 112 jobs in Wake County as bank continues to cut costs

The company, one of the biggest employers in the state, told state officials that it is cutting loan operations positions in Raleigh by April 4.

Wells Fargo to lay off more than 100 North Carolina employees

Wells Fargo, one of North Carolina's largest employers, plans to lay off more than 100 employees at its Raleigh corporate office.

Wells Fargo eliminating 112 jobs in Raleigh as NC workforce reductions expand

Wells Fargo & Co. is eliminating 112 jobs in Raleigh as part of ending support operations within its Chief Operating Office business unit that also affect employees within the consumer banking and lending, finance and technology businesses.

Wells Fargo Expands Layoffs

In its ongoing multi-year campaign to reduce its employment, Wells Fargo has announced yet another wave of layoffs. Hence, bringing the total number of employees expected to lose their jobs in 2026 to over 100. According to the Des Moines Register, the lender has informed 49 employees of their impending layoffs. The notices take effect on April 4, according to documents filed on Iowa's WARN website.There have been 147 declared layoffs at Wells F…