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 This material may not be published, broadcast, rewritten or redistributed.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>>

  • Final day to weigh in on changes to AHCCCS

    Final day to weigh in on changes to AHCCCS

    Wednesday, March 29 2017 9:17 AM EDT2017-03-29 13:17:46 GMT

    Wednesday is the final day to weigh in on possible changes to Arizona’s Medicaid program. Since the American Health Care Act was pulled, the Affordable Care Act is still implemented,

    Wednesday is the final day to weigh in on possible changes to Arizona’s Medicaid program. Since the American Health Care Act was pulled, the Affordable Care Act is still implemented, which means the Medicaid program continues. However, states can use the 1115 waiver to change Medicaid requirements on a state level. 

  • breaking

    Tucson police asking for help locating missing endangered teen

    Tucson police asking for help locating missing endangered teen

    Wednesday, March 29 2017 12:53 AM EDT2017-03-29 04:53:33 GMT

    The Tucson Police Department is asking for the public's help locating 17-year-old Anthony Garcia. The teen is described as Hispanic, 5'10" tall, weighing 150 pounds with brown hair and brown eyes. Although he is in his late teens, according to the release, he has special needs and functions at a much younger age.  

    The Tucson Police Department is asking for the public's help locating 17-year-old Anthony Garcia. The teen is described as Hispanic, 5'10" tall, weighing 150 pounds with brown hair and brown eyes. Although he is in his late teens, according to the release, he has special needs and functions at a much younger age.  

  • breaking

    Interim Superintendent appointed for TUSD

    Interim Superintendent appointed for TUSD

    Wednesday, March 29 2017 12:17 AM EDT2017-03-29 04:17:50 GMT
    Dr. Gabriel Trujillo, interim Superintendent for Tucson Unified School District. (Source: Tucson News Now)Dr. Gabriel Trujillo, interim Superintendent for Tucson Unified School District. (Source: Tucson News Now)

    This appointment is effective immediately, according to a TUSD tweet.  

    This appointment is effective immediately, according to a TUSD tweet.  

Powered by Frankly