Wells Fargo laying off 127 employees in Fort Mill - | WBTV Charlotte

Wells Fargo laying off 127 employees in Fort Mill

FORT MILL, SC (WBTV) -

Wells Fargo is laying off 127 employees in Fort Mill, the company announced Wednesday afternoon. 

"The decision to reduce our workforce is made with great concern for the team members who are affected," Wells Fargo Spokesman Josh Dunn said.

The affected team members were notified of the change, as well as of their eligibility to receive pay and benefits through December 19. 

The layoffs are a result of the "continuing market changes," Wells Fargo said, "including improvements in delinquency and foreclosure rates and reduced demand for mortgage financing."

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