Wells Fargo is eliminating 112 positions in Wake County as part of ongoing cost-cutting measures. The layoffs will affect loan operations roles, including loan-servicing representatives. These cuts are scheduled to take effect by April 4. The San Francisco-based bank has been reducing its workforce for several years. The company is offering severance and career assistance to affected employees.
Raleigh, North Carolina
https://www.wral.com/business/wells-fargo-cut-112-jobs-wake-county-february-2026/