Wells Fargo announced 112 layoffs in 2026, affecting 0.0% of its 230,000-person workforce. The company cited Raleigh NC. 106 loan servicing roles. CEO: 'We're not as efficient as we should be without AI.' The cuts are part of a broader pattern of workforce reductions across the Banking sector in 2026, where companies are restructuring operations in response to changing market conditions, AI adoption, and margin pressure.