Wells Fargo will lay off up to 525 employees in Columbia and shutter its office space at 101 Greystone Blvd. by June 30, 2024, according to information filed with the South Carolina Department of Employment and Workforce. The financial institution has been cutting down its real estate portfolio in addition to laying off employees nationwide, according to comments from the company’s Chief Financial Officer earlier this month, along with a letter from the banking company supplied to South Carolina’s workforce agency. “...We need to concentrate Wells Fargo real estate investments...

COLUMBIA — Wells Fargo plans to close its Columbia corporate office by June 2024. The closure is part of larger office consolidation efforts by the banking giant, according to a notice filed with the state Department of Employment and Workforce. "Wells Fargo leaders are working to provide up-to-date facilities with modern workspaces and technology to create a more collaborative work environment that is a better employee experience," the company wrote in its notice. "At the same time, we need to concentrate Wells Fargo real estate investments in fewer locations or...

COLUMBIA, S.C. (WIS) - A report released by an employer program showed the possible layoff of over 500 Wells Fargo employees in Richland County by next year. Wells Fargo confirmed to WIS News 10 on Friday that layoffs had begun. SC Works recently released a layoff notification report where it stated Wells Fargo — shown in the report to be located at 101 Greystone Blvd — is expected to lay off a total of 525 employees by June 30, 2024. A representative for Wells Fargo told WIS News 10 they...