WFC · News · 20261031N

Workforce Reduction

WELLS FARGO & COMPANY/MN · 2026-10-31 · Importance 31 · Surprise 42

Wells Fargo is eliminating 86 jobs at its West Des Moines campus, with affected employees’ final day set for December 26, 2026. The bank will provide severance and career training to those employees. Separately, Wells Fargo will lay off 87 employees at its Roanoke County customer service facility in three phases by the end of 2026, primarily in fraud and claims operations, as it exits certain support operations.

Key facts

• The final day for employees affected by the West Des Moines layoffs will be December 26. source
• Wells Fargo will provide severance and career training to employees affected by the West Des Moines layoffs. source
• The 87 Roanoke County layoffs will occur in three phases by the end of 2026. source
• The Roanoke County cuts are due to Wells Fargo's decision to exit certain support operations. source
• In 2023, Wells Fargo announced an $87 million investment and 1,100 new jobs at the Roanoke County facility. source
• Wells Fargo is eliminating 86 jobs at its West Des Moines campus. source
• Wells Fargo announced it will lay off 87 employees from its Roanoke County customer service facility. source
• The West Des Moines layoffs are the largest single mass layoff at Wells Fargo since at least 2022. source