Register | Forgot Your Password? | Close

PHOENIX -- Wells Fargo is laying off more workers in Tempe, citing the decline in mortgage-refinancing volume.

It is the company's second job reduction in two months.

Wells Fargo said the 176 job reductions are part of 1,865 nationally, all involving mortgage-related positions.

Wells Fargo also is giving affected workers 60 days' notice.

Last month, Wells Fargo said it planned to lay off 292 Arizona workers and 2,323 across the nation as a result of the refinancing downturn.

Associated Press,

share this story:
Attention KTAR.com Comment Users: We have recently changed our comments boards.
We would like you to be part of the conversation and The Voice of Arizona by logging in with your Facebook, Twitter, Google+ or Disqus account. Existing KTAR (Arizona Sports) account members will need to create a Disqus account or use one of the aforementioned social media logins. Thank you.
comments powered by Disqus

World Class Arizona

  • Dignity Health

    World Class People. World Class Company. Excellent care, delivered with compassion, for all in need.

Voice For A Better Arizona

  • Family in Focus

    KTAR spends the week taking a look at the issues a modern Arizona family faces.