Some Twin Cities Wells Fargo workers laid off

Published 10:33 am Thursday, August 22, 2013

ST. PAUL — Dozens of employees in the Twin Cities are among about 2,300 workers being laid off by Wells Fargo Home Mortgage.

The lender said it’s reducing staff because a recent bump in interest rates has slowed consumer demand for refinancing. In the Twin Cities, 161 employees will lose their jobs.

Wells Fargo employs about 20,000 people in Minnesota.

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