Officials: Wells Fargo Cutting More Than 2,300 Jobs

MINNEAPOLIS (WCCO) – The Minnesota job market took a bit of a hit Thursday as the state's largest bank announced job cuts that will affect thousands.

Wells Fargo, which has offices in Minneapolis, announced it is cutting more than 2,300 jobs. The layoffs include more than 150 jobs in its Home Mortgage division, which is based in Minneapolis.

Employees who were affected have been notified and were told their positions would be eliminated in the next 60 days.