Wells Fargo Eliminates 415 Sacramento Jobs More Local News SACRAMENTO (CBS13) 53;
Financial giant Wells Fargo is eliminating more than 10 percent of their local workforce as part of a merger of two local call centers, according to company representatives.
Two call centers on Butano Drive and Northgate Boulevard will be consolidating into a single business and consumer center, and 415 positions will be lost because "they're duplicated or because they no longer fit the new structure, " Wells Fargo told CBS13.
In a press release issued Tuesday afternoon, Wells Fargo said the process of integrating with Wachovia has resulted in some duplicated and unneeded positions.
"We take these steps with great reluctance -- but with the company's long-term health and success guiding our decisions," spokesperson Julie Campbell said. "We'll do everything we can to help these team members find new jobs."
Affected employees can apply for open positions within the company, Campbell said.
Wells Fargo says it employs nearly 4,000 workers in the Sacramento region and 50,000 workers in California.
Ouch! Oh well, you vote Obama you get a socialist economy. Too bad!
