WFC · News · 20261030N
Workforce Reduction
WELLS FARGO & COMPANY/MN · 2026-10-30 · Importance 34 · Surprise 42 · In source text
Wells Fargo is laying off 86 employees at its Jordan Creek campus in Iowa. The layoffs are expected to be completed by the end of 2026. The report characterized this as the company’s largest round of layoffs since at least October 2021; it did not provide an associated restructuring charge or savings estimate.
Key facts
- Wells Fargo is laying off 86 employees at its Jordan Creek campus by the end of 2026. source
- The layoffs at Wells Fargo's Jordan Creek campus mark the company's largest round of layoffs since at least October 2021. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | probable | — | Wells Fargo is laying off 86 employees at its Jordan Creek campus by the end of 2026. |