Wells Fargo lays off 100 people in North Carolina


Wells Fargo & Co. (NYSE: WFC) announced Friday it will lay off 100 employees at its Fort Mill mortgage office.

The bank says the layoffs are the result of "continuing market changes" and in an effort "to better align with current volumes."

"The decision to reduce our workforce is made with great concern for our team members. Wells Fargo Home Mortgage is committed to retaining valued team members and, where possible, we will work to identify other opportunities within Wells Fargo," the bank said…

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