WEST DES MOINES, Iowa — Wells Fargo plans to lay off nearly 80 people from its West Des Moines campus this fall, according to notices on Iowa's Worker Adjustment and Restraining Notification Act (WARN) website.
The notices indicate layoffs will happen in waves, beginning on Sept. 23. Here's the breakdown of when layoffs will happen:
- Sept. 23: 12 employees (Notice issued July 23)
- Oct. 8: 3 employees (Notice issued Aug. 8)
- Oct. 20: 16 employees (Notice issued Aug. 20)
- Nov. 18: 47 employees (Notice issued Sept. 18)
A total of 78 people will be laid off by November.
The Iowa WARN Log shows the layoffs are the result of amendments to previous layoffs in order to include more employees.
Wells Fargo has laid off a number of employees in central Iowa this year. In just the last month, the company laid off 24 employees on Sept. 11, 10 on Aug. 25 and 26 on Aug. 11.
A spokesperson for Wells Fargo issued the following comment in regards to the layoffs, writing, "We regularly review and adjust staffing levels to align with market conditions and the needs of our businesses. We work very hard to identify opportunities for employees in other parts of the company so we can retain as many employees as possible. Where it’s not possible, we provide assistance, such as severance and career counseling."