Wells Fargo lays off 137 from Orlando mortgage operations


Wells Fargo & Co. (NYSE: WFC) today, Aug. 23, laid off 137 employees in the Orlando area for its mortgage operations.

The move comes due to "continuing market changes," said Wells Fargo spokeswoman Gabriela Lambertus. The company made 638 layoffs nationwide and employees were given 60 days notice of the layoffs.

"Every displaced team member is provided an outplacement (or career transition services) package through one of our third-party vendors," Lambertus told Orlando Business Journal. "These…

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