Wells Fargo announces new round of layoffs in Charlotte area
Wells Fargo has made more layoffs within its Fort Mill mortgage operation, according to a notice filed with the state of South Carolina.
The layoffs stem from the closure of Wells’ reverse-mortgage servicing operating unit, a move impacting 120 jobs, according to the notice this month. Wells Fargo said the closure resulted from an agreement struck last year to transfer all of the reverse-mortgages it had been servicing to another company.
In a statement, Wells Fargo spokesman Josh Dunn said the move will result in the elimination of servicing positions at a call center in Fort Mill.