Wells Fargo has filed 64 WARN notices across 9 states, affecting 3,052 workers. Filings are concentrated in West Des Moines, Rosemont, and Yellowstone. Of these, 2 involved facility closures and 50 were layoff events. Filing dates range from Oct 29, 2024 through Oct 13, 2026. The average recorded date gap for measurable Wells Fargo filings is 63 days; this does not establish notice received or legal compliance. The Dec 4, 2024 filing for 500 workers in Hillsboro is larger than 97 percent of WARN filings nationally. West Des Moines accounts for 31% of affected workers. Filings in the most recent quarter were higher than the prior quarter, with 8 compared to 6.
The current year is incomplete; these totals are not a like-for-like growth comparison.
Wells Fargo is one of the largest banks in the United States, founded in 1852 in San Francisco. The company provides banking, investment, mortgage, and consumer finance services through approximately 4,500 branches nationwide. Wells Fargo employs roughly 225,000 people.
Wells Fargo has been in a prolonged period of workforce reduction. The company has filed over 140 WARN notices affecting more than 6,500 workers in recent years. These cuts are spread across branch closures, mortgage lending operations, and corporate functions. The reductions accelerated after the company's 2016 fake accounts scandal, which led to regulatory restrictions including a Federal Reserve asset cap that remains in place. Wells Fargo has closed hundreds of branches since 2020 as part of its cost-cutting and digital banking strategy.
The banking industry's shift to digital services has reduced the need for physical branch networks. Wells Fargo, with one of the largest branch footprints in the country, has been especially affected. The company has invested in mobile banking and digital lending platforms while steadily reducing its physical presence. The asset cap imposed by the Federal Reserve in 2018, a consequence of the fake accounts scandal, has forced the company to become more efficient within constrained growth limits.
Wells Fargo continues to reduce its branch network and streamline operations under the Federal Reserve's asset cap, which limits the bank's total assets. The company is investing in technology modernization and has been working to resolve remaining regulatory issues. Branch closures and operational consolidations are expected to continue generating WARN filings.
Last reviewed 2026-04-15| Location | State | Type | Workers | Effective | Recorded |
|---|---|---|---|---|---|
| West Des Moines 800 S Jordan Creek Pkwy |
IA | Layoff | 2 | 2026-12-12 Recorded: 2026-10-13 |
2026-10-13 |
| West Des Moines 800 S Jordan Creek Pkwy |
IA | Layoff | 10 | 2026-11-28 Recorded: 2026-09-29 |
2026-09-29 |
| West Des Moines 800 S Jordan Creek Pkwy |
IA | Layoff | 35 | 2026-11-14 Recorded: 2026-09-15 |
2026-09-15 |
| West Des Moines 800 S Jordan Creek Pkwy |
IA | Layoff | 5 | 2026-10-31 Recorded: 2026-09-01 |
2026-09-01 |
| West Des Moines 800 S Jordan Creek Pkwy |
IA | Layoff | 14 | 2026-10-17 Recorded: 2026-08-18 |
2026-08-18 |
| West Des Moines 800 S Jordan Creek Pkwy |
IA | Layoff | 7 | 2026-10-03 Recorded: 2026-08-04 |
2026-08-04 |
| West Des Moines 800 S Jordan Creek Pkwy |
IA | Layoff | 20 | 2026-09-19 Recorded: 2026-07-22 |
2026-07-22 |
| Yellowstone | MT | 2 | Not reported Recorded: 2026-07-21 |
2026-07-21 | |
| West Des Moines 800 S Jordan Creek Pkwy |
IA | Layoff | 20 | 2026-09-05 Recorded: 2026-07-07 |
2026-07-07 |
| Yellowstone | MT | 16 | Not reported Recorded: 2026-06-23 |
2026-06-23 |
Wells Fargo has an upcoming layoff effective Dec 12, 2026. If you are affected, you remain employed with regular pay and benefits until the effective date. Use this time to prepare: file for unemployment insurance so your claim is ready when your last day arrives, review your COBRA health coverage options, and visit your local America's Job Center for free career counseling and retraining vouchers. Ask about Rapid Response services, which are specifically designed for WARN-affected workers.
Find your state's unemployment insurance program and apply online. You may be eligible before your last day.
Continue your employer health plan for up to 18 months, or compare lower-cost options on the Health Insurance Marketplace.
Federal WARN generally requires 60 days notice for covered employers and qualifying events, subject to exceptions. State rules may differ.
Free career counseling, resume help, job search assistance, and retraining programs through CareerOneStop.
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America's Job Centers offer free career counseling, resume help, interview prep, job search assistance, and retraining vouchers for workers affected by WARN Act layoffs. Ask about Rapid Response services.
Data on this site comes from WARN Act filings published by state workforce agencies. Where a state does not publish a usable list, filings come from a third-party compilation and are marked on each row. Filings are updated regularly but may not reflect same-day submissions. Coverage varies by state.
News reports may describe a different time period, geography or company-wide announcement. This page contains 64 filings covering 3,052 reported workers in the last 24 months. Those figures cannot be reconciled with a headline alone. Use the individual source records above to check locations and dates; filings can include amendments and do not prove that all announced layoffs occurred.
Across 49 filings with usable paired dates, the median recorded gap is 60 days. This is date arithmetic, not a finding about notice received by workers or legal compliance. Source definitions, coverage and exceptions matter.
Severance is negotiable more often than people assume, and the leverage is largest before a notice lands. Financial Samurai's How To Engineer Your Layoff walks through how those conversations actually go, with real severance examples.
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