Wells Fargo announces largest round of layoffs in at least 5 years
Published . Updated .
This report does not map to a usual set of affected companies.
Directly affected
- WFC Wells Fargo-3.6% 30d
Named in this report.
Indirectly affected
- XLF Financial Select Sector SPDR-3.8% 30d
Financial Select Sector SPDR holds the financials sector that Wells Fargo belongs to, so it often moves with news about it.
- JPM JPMorgan Chase-2.8% 30d
JPMorgan Chase is a peer of Wells Fargo in national commercial banks; rivals often move on the same news.
- BAC Bank of America-12.5% 30d
Bank of America is a peer of Wells Fargo in national commercial banks; rivals often move on the same news.
- C Citigroup-6.4% 30d
Citigroup is a peer of Wells Fargo in national commercial banks; rivals often move on the same news.
- COF Capital One Financial-1.7% 30d
Capital One Financial is a peer of Wells Fargo in national commercial banks; rivals often move on the same news.
- USB U.S. Bancorp-4.9% 30d
U.S. Bancorp is a peer of Wells Fargo in national commercial banks; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| WFC | -2.86% | -2.52% | base | after close | after close | after close | after close |
| XLFNo price data for this ticker | — | — | — | — | — | — | — |
| JPMNo price data for this ticker | — | — | — | — | — | — | — |
| BACNo price data for this ticker | — | — | — | — | — | — | — |
| CNo price data for this ticker | — | — | — | — | — | — | — |
| COFNo price data for this ticker | — | — | — | — | — | — | — |
| USBNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Wells Fargo announces largest round of layoffs in at least 5 years weareiowa.com
Source: weareiowa.com
This story
| Company | When | Move | Status |
|---|---|---|---|
| WFC | three days earlier | -2.52% | final price |
| WFC | five days earlier | -2.86% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 35 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a dependent child), worth $15,001 - $50,000 on 17 Sep 2026. That is 43 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a dependent child), worth $1,001 - $15,000 on 15 Sep 2026. That is 45 days before publication. Filed 7 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 56 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM), worth $15,001 - $50,000 on 4 Sep 2026. That is 56 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 27 Aug 2026. That is 64 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 51 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Laurel Lee sold Bank Of America (BAC) (held by a spouse), worth $50,001 - $100,000 on 24 Aug 2026. That is 67 days before publication. Filed 16 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Citigroup (C), worth $1,001 - $15,000 on 24 Sep 2026. That is 36 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Citigroup (C) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 56 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Capital One Financial (COF) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 35 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Capital One Financial (COF), worth $100,001 - $250,000 on 21 Aug 2026. That is 70 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Wells Fargo announces largest round of layoffs in at least 5 years” scores 12 out of 100. The score uses 1 sources.