Wells Fargo Plans Layoffs for 444 Employees at Oregon Centers

Wells Fargo is set to lay off a total of 444 employees across its Oregon locations, including 147 in Salem, 263 in Hillsboro, and 34 in Portland, with the layoffs effective December 26. This is part of a broader plan announced last year to scale back and exit support operations at these sites, including the permanent closure of the Salem and Hillsboro offices. Impacted employees, mostly in customer service roles and not union-represented, will receive severance based on years of service, continued health coverage for a period, and career transition assistance. The layoffs have been communicated in compliance with the Federal Worker Adjustment and Retraining Notification Act, with employees given 60 days' notice. The Salem call center closure follows earlier reductions, with the company having reduced staff numbers from 221 to 147 for this final layoff wave. Local agencies and community leaders have expressed concern and are encouraging affected workers to seek available support services to help navigate the transition.