Wells Fargo will eliminate 114 jobs in Sacramento County as part of a broader push to reduce costs and incorporate more artificial intelligence in its operations.
In a notice filed Tuesday with the Employment Development Department, the bank said the cutbacks affected workers in the bank’s chief operating office as well as its consumer, small and business banking units for the capital region, located at 2125 Butano Drive in Arden Arcade. Employees were notified that day, and the layoffs — filed under the federal Worker Adjustment and Retraining Notification Act — will take effect in February, according to the letter.
The San Francisco-based bank, which also maintains a corporate hub in New York, said the job cuts are permanent. Most affected positions include customer and product support representatives and their managers…