ROANOKE, Virginia. – Nearly 90 employees at Wells Fargo’s office at 7711 Plantation Road in Roanoke are facing layoffs just before the holiday season, according to a WARN Act notice filed with Virginia Works.
The notice, dated October 27, states that the company expects official separations to begin around December 26. Affected positions include Associate Director of Customer Service, Director of Customer Service, Fraud and Claims Operations Associate, Associate Director of Fraud and Claims Operations, Senior Fraud and Claims Operations Representative, Customer Service Representative, and Director of Risk Analysis.
“These business decisions are never easy,” the notice reads in part. “We are taking a thoughtful and deliberate approach, fully recognizing the impact of these actions on our employees. Wells Fargo is committed to supporting displaced employees by providing severance, career assistance and other transition services. Wells Fargo offers career transition support through our third-party partner, Lee Hecht Harrison.”
Eligible employees will be offered severance packages based on years of service and will have the option to continue participation in the company’s health plans at active rates for a period of time, the notice states. Career transition services will also be available at no cost.
The company has not yet revealed the reasons for these layoffs.
You can read the full WARN Act notice below:
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