Wells Fargo to shift operations from sites in Portland, Hillsboro and Salem, report says

The cuts will come in the bank’s global operations unit, which employs around 1,000 workers at the sites. Some employees will be offered the chance to relocate.

PORTLAND, Ore. — Wells Fargo plans to eliminate potentially hundreds of jobs as it shifts operations from its sites in Portland, Hillsboro and Salem, according to a report in the Oregonian Thursday.

The cuts will come in the bank’s global operations unit, which employs around 1,000 workers at the sites, according to the Oregonian. The offices will be consolidated to other Wells Fargo locations by the end of next year. A precise number of layoffs is unclear, but some

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