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Wells Fargo to lay off 1,800 mortgage employees
[MYFOXNY] Wells Fargo & Co. says it plans to lay off an additional 1,800 employees from its mortgage department. The plans come after the bank cut about 2,300 jobs from the same unit in August.Wells Fargo spokesman Alfredo Padillo said that the bank is cutting jobs in the mortgage department because fewer people than it expected are refinancing their mortgages. The jobs are in locations across the country. The affected employees were given 60 days' notice. The bank says that is looking for other positions for those people within the company. Posted by: Fred 2013-09-20 |
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