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Wells Fargo lays off 101 Charlotte-area employees

August 24, 2018 at 6:05 am EDT
August 24, 2018 at 6:05 am EDT

CHARLOTTE, N.C. — Wells Fargo is laying off 101 employees in the Charlotte area, the banking company announced Thursday.

The employees from the company's mortgage operation are part of a nationwide cut of 638 employees.

The workers will still get paid with benefits until Oct. 21.

[Previous article: Wells Fargo announced layoffs in Charlotte]

Wells Fargo employs more than 25,000 people in Charlotte.

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