Wells Fargo In Charlotte Likely Affected As The Company Slashes Jobs
(Photo by Justin Sullivan/Getty Images)
Blame it on higher interest rates. Wells Fargo in Charlotte likely affected as the company slashes hundreds of jobs. Wells Fargo reportedly let go hundreds possibly thousands of employees as the latest round of layoffs related to the mortgage industry.
Bloomberg reports the layoffs are nationwide, Charlotte was not the particular target of the cuts. There are reportedly 27,000 people employed by Wells Fargo in Charlotte.
Sadly, end of year is when many companies take a look at the bottom line and make some hard decisions about who should stay and who they feel needs to go in order to make the company stronger overall. To learn more about the company layoffs at Wells Fargo, check out details from Channel 9.
Catherine Lane is the morning show co-host and midday host on Country 1037 in Charlotte, North Carolina. She has been with the station for the past 24 years and is a recipient of the Academy of Country Music Major Market Personality of the Year award. Catherine has been on air in both radio and television in the Queen City for 38 years. As a content creator for Country 1037, Catherine writes blogs on local events and restaurants. She also writes about great travel spots and out of the way places in the Carolinas. Anything outdoors, travel, food, animals or the many country artists from the Carolinas.
Get The Country 103.7 All Access Newsletter Delivered To Your Inbox
Enjoy the latest country music, entertainment, and local stories, plus exclusive contests, games, and more!
By clicking "Subscribe" I agree to the website's terms of Service and Privacy Policy. I understand I can unsubscribe at any time.