Wells Fargo to lay off 500+ SC employees, close Columbia office, state report shows

Wells Fargo will lay off up to 525 employees in Columbia and shutter its office space at 101 Greystone Blvd. by June 30, 2024, according to information filed with the South Carolina Department of Employment and Workforce. The financial institution has been cutting down its real estate portfolio in addition to laying off employees nationwide, according to comments from the company’s Chief Financial Officer earlier this month, along with a letter from the banking company supplied to South Carolina’s workforce agency. “...We need to concentrate Wells Fargo real estate investments...