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Wells Fargo to cuts jobs in Tempe, Arizona

9 years ago148 views

As a consequence of its merger with Wachovia Corporation, Wells Fargo Bank & Co. is cutting 53 jobs at its auto loan center in Tempe, Arizona.

San Francisco-based Wells Fargo and Charlotte, North Carolina-based Wachovia are in the process of merging financial service offerings, including auto loans. Wells Fargo has ceased indirect auto loan originations from centers in Tempe, Eden Prairie, Minnesota, and Chester, Pennsylvania, Wells spokesman Steve Carlson said.

Wells officials would not disclose the number of job cuts at the three U.S. locations or how many workers would be left.