The company announced a year ago that it planned to scale back operations at its locations in each of the three cities in the fourth quarter of 2025.
PORTLAND, Ore. — Wells Fargo will lay off nearly 500 employees from three locations in Hillsboro, Portland and Salem in the coming weeks, according to a series of WARN notices filed with the state of Oregon in the past month.
The timing suggests the layoffs are part of a plan the company announced about a year ago to shift operations away from those three sites in the fourth quarter of 2025, including permanently closing the Hillsboro and Salem
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