Wells Fargo Layoffs 2025 Charlotte Nc. Wells fargo is planning to be “more aggressive” about layoffs at the bank, and expects to have higher severance costs in the fourth quarter than initially expected, its ceo said. People have to be out by may 2025 to allow time for the building to be returned to a saleable state.

Is shedding hundreds of jobs in recent rounds of layoffs around the country and more are expected. Wells fargo will have more employee layoffs and decrease the size of its offices to reduce expenses, the bank chief financial officer said.