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Wells Fargo hiring 5,000 nationwide after lay-offs

PHOENIX -- After laying off nearly 300 in Arizona last week, Wells Fargo is reportedly hiring about 5,000 nationwide.

The company is looking to hire wealth management and brokerage professionals. In an email, Wells Fargo said it does not know how many will be hired in Arizona.

We are constantly evaluating our needs and hiring where necessary," spokeswoman Lori Brown said in an email. "Of the average 5,000 jobs we add annually, many are due to normal attrition in the business."

Last week, Wells Fargo laid off about 3,000 employees in its mortgage department. The bank cited a drop in customer volume as the reason for the mass lay-off.

"The mortgage servicing displacements were impacted by a rise in interest rates which affected consumer demand for mortgage financing, causing volumes to fall below what we experienced throughout 2012 and early 2013," said Brown. "We are reducing staff in Tempe and Phoenix to respond to this shift in demand and better align and increase efficiency of our organization."

Wells Fargo said last week that all employees being laid off are able to apply for other jobs in the company.

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About the Author


Martha is the traffic controller in the KTAR newsroom. Her full time role is that of Assignment and Breaking News Editor of KTAR News. She oversees daily Breaking News planning and over-the air execution, and puts together the elements that make it happen. She gathers and distributes daily news assignments to reporters and editors. She also reports on a daily basis, anchors news afternoons 1-2p and fills in as anchor occasionally during other time slots. She began working at KTAR in the winter of 2012 as Desk Editor and was promoted to oversee Assignments and Breaking News in 2014. During that time, she received two awards as a journalist. The first was the 2013 APTRA Awards, where she took home 2nd place for Best Serious Future in the "Recycled Orchestra." The second was a 2014 Edward R. Murrow Award for her collaboration in KTAR's Voice for a Better Arizona Series: Immigration - seeking solutions. In her piece, Martha profiled two Arizona sisters looking for the DREAM. Martha was born in Mazatlan, Mexico. She moved to Arizona in 1996 with her parents and younger sister and has lived here since. She attended Barry Goldwater High School in Phoenix and graduated from the Walter Cronkite School of Journalism and Mass Communications at Arizona State University in Tempe. Prior to working at KTAR news she worked in news and production at Univision Arizona in Phoenix. She also supervised the marketing, catering and public relations department at Hotel Araiza, 5-star hotel in Mexicali, Mexico. She has also been a personal trainer and aerobics instructor. When she isn't in the newsroom or behind the microphone Martha is an avid gym-goer and marathoner. She trains for two races a year and enjoys taking group exercise classes, such as kickboxing, indoor cycling and weight lifting. Martha is married and lives in Surprise, AZ with 2 dogs, Tasha and Elsa, and a cat, Sammy.

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