Below is a full breakdown of Wells Fargo’s layoff activity, including affected locations, employee totals by event. In 2026, the largest impact occurred in Iowa where 416 employees were affected.
Financial Services
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Website
wellsfargo.com
Headquarters
West Des Moines, Iowa
25
Total Events
1,032
Employees Affected
5
States Affected
| Company Name | City | State | Affected Employees | Notice Date | Layoff Date |
|---|---|---|---|---|---|
| Wells Fargo | Raleigh | North Carolina | 127 | Feb 3, 2026 | May 30, 2026 |
| Wells Fargo | San Francisco | California | 6 | Mar 3, 2026 | May 2, 2026 |
| Wells Fargo | West Des Moines | Iowa | 7 | Mar 3, 2026 | May 2, 2026 |
| Wells Fargo | West Des Moines | Iowa | 7 | Mar 3, 2026 | May 2, 2026 |
| Wells Fargo | Raleigh | North Carolina | 118 | Feb 3, 2026 | May 2, 2026 |
| Wells Fargo | San Francisco | California | 21 | Feb 20, 2026 | Apr 21, 2026 |
| Wells Fargo | West Des Moines | Iowa | 2 | Feb 17, 2026 | Apr 18, 2026 |
| Wells Fargo | West Des Moines | Iowa | 49 | Feb 3, 2026 | Apr 4, 2026 |
| Wells Fargo | Raleigh | North Carolina | 112 | Feb 3, 2026 | Apr 4, 2026 |
| Wells Fargo | West Des Moines | Iowa | 33 | Jan 20, 2026 | Mar 20, 2026 |
Events and employees affected by month
5 states reported
