Wells Fargo Cuts 86 Jobs at West Des Moines Campus, Its Biggest Layoff in Years
Article excerpt
Wells Fargo is cutting 86 jobs at its Jordan Creek campus in West Des Moines, with the layoffs taking effect Dec. 26. The reduction, announced on Iowa's WARN website on Tuesday, Aug. 18, marks the bank's largest single round of announced layoffs in the Des Moines metro in years. According to the Des Moines Register, the cut is the largest in the state's publicly available WARN database dating back to Oct. 18, 2021, surpassing a previous high of 69 jobs cut in April 2023. A separate description of the same filing characterized it as the company's largest layoff since at least 2022, so the precise record length carries some uncertainty even as both accounts agree this is an unusually large single cut. WHO13 also reported that the Iowa WARN log shows the 86 Jordan Creek employees will lose their jobs on Dec. 26. The latest cut brings Wells Fargo's 2026 layoff total in Iowa to 460 workers, the Register reports, after the bank laid off 501 metro employees in 2025. Those totals reflect a long run of workforce reductions in central Iowa: the same report notes the bank cut 1,975 jobs across 113 announced rounds of layoffs in the Des Moines metro since April 2022. Just two months earlier, an August report from the same outlet put the running tally at 1,619 jobs across 103 rounds since that same starting point, and noted a separate cut of 14 Jordan Creek employees that took effect...
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Evident AI, a firm that tracks adoption across the banking industry, ranked Wells Fargo third among U.S. banks for AI adoption, behind JPMorgan Chase and Capital One, and fifth worldwide, the Register noted.
