Wells Fargo laying off more workers in Tempe - Tucson News Now

Wells Fargo laying off more workers in Tempe

PHOENIX (AP) - Wells Fargo is laying off more workers in Tempe due to the decline in mortgage-refinancing volume.

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

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

The Arizona Republic says some of the displaced employees could find jobs in other areas of the company.

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

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

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Local newsMore>>

  • Man with gun threatens customers at east side Walmart

    Man with gun threatens customers at east side Walmart

    Tuesday, September 26 2017 12:45 AM EDT2017-09-26 04:45:39 GMT
    Tucson police on scene at east side Walmart. (Source: Tucson News Now)Tucson police on scene at east side Walmart. (Source: Tucson News Now)

    A man entered the Walmart Neighborhood Market at Camino Seco and Broadway on Monday, Sept. 25 and began waving a gun around, according to Sgt. Kim Bay, spokeswoman for the Tucson Police Department.  

    A man entered the Walmart Neighborhood Market at Camino Seco and Broadway on Monday, Sept. 25 and began waving a gun around, according to Sgt. Kim Bay, spokeswoman for the Tucson Police Department.  

  • Reminder from Pima Co. Recorder's Office about Nov. consolidated election

    Reminder from Pima Co. Recorder's Office about Nov. consolidated election

    Tuesday, September 26 2017 12:13 AM EDT2017-09-26 04:13:46 GMT
    (Source: Raycom News Network)(Source: Raycom News Network)

    Pima County residents are reminded that in November the county will be running several jurisdictional elections from cities, schools and fire districts in a consolidated election. 

    Pima County residents are reminded that in November the county will be running several jurisdictional elections from cities, schools and fire districts in a consolidated election. 

  • Crime statistics released for University of Arizona 2017

    Crime statistics released for University of Arizona 2017

    Monday, September 25 2017 9:36 PM EDT2017-09-26 01:36:42 GMT

    "There's nothing that jumps out at me," said Brian Seastone, the campus police chief. There was however, an increase in liquor law violations, disciplinary actions coupled with a drop in arrests.

    "There's nothing that jumps out at me," said Brian Seastone, the campus police chief. There was however, an increase in liquor law violations, disciplinary actions coupled with a drop in arrests.

Powered by Frankly