Layoffs continue at Wells Fargo Jordan Creek campus amid AI shakeup

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    "url": "https://www.desmoinesregister.com/story/money/business/2026/09/17/wells-fargo-layoffs-jordan-creek-campus/91811324007/",
    "title": "Layoffs continue at Wells Fargo Jordan Creek campus amid AI shakeup - The Des Moines Register",
    "excerpt": "Wells Fargo is adding to an ever-growing layoff count as the Des Moines metro's second-largest employer announced it will eliminate 35 jobs at its Jordan Creek campus in West Des Moines in November. The layoff announcement, posted to Iowa's Worker Adjustment and Retraining Notification , or WARN, website on Tuesday, Sept. 15, is the bank's 14th cut since February. It also announced five layoffs Sept. 1, bringing its total for the month to 40. Altogether in 2026 so far, Wells Fargo has announced 362 layoffs, starting in February with 49. The third-largest bank in the U.S. by assets, Wells Fargo has cut 1,877 jobs in 110 announced rounds of layoffs in the Des Moines metro since April 2022, according to WARN data, with many more jobs lost to attrition. The bank laid off 501 metro workers in 2025. At the current pace, it is on track to lay off 500 or more again in 2026. Wells Fargo Chief Financial Officer Mike Santomassimo said Tuesday that the increasing use of artificial intelligence in the financial services industry, which has already contributed to the bank's roughly 65,000 layoffs nationwide since 2019, would \"bring headcount down more.\" Santomassimo, speaking at the Barclays Global Financial Services Conference in New York City, said AI allows Wells Fargo to produce more with fewer employees across functions including technology, legal, finance, operations and customer...",
    "summary": "Wells Fargo announced it will eliminate 35 jobs at its Jordan Creek campus in West Des Moines in November 2026.",
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    "headcount": 35,
    "image_url": "https://www.desmoinesregister.com/gcdn/authoring/authoring-images/2026/01/23/PDEM/88323132007-wells-fargo-5.jpg?crop=8063,4536,x0,y1209&width=3200&height=1801&format=pjpg&auto=webp",
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    "published_at": "2026-09-17T19:51:00Z",
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        "city": "West Des Moines",
        "state": "Iowa",
        "region": "Northern America",
        "country": "United States",
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    "article_sentence": "Wells Fargo is adding to an ever-growing layoff count as the Des Moines metro's second-largest employer announced it will eliminate 35 jobs at its Jordan Creek campus in West Des Moines in November."
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