Wells Fargo & Co. will permanently close its Salem operations center, eliminating 147 positions by the end of the year as part of a broad plan to streamline its nationwide footprint.
The bank said the closure will take effect Dec. 26, according to a notice filed under the federal Worker Adjustment and Retraining Notification (WARN) Act with Oregon’s Higher Education Coordinating Commission. Employees received 60 days’ notice, as required by federal law.
The facility, located at 355 Hawthorne Ave. SE, primarily houses roles in loan servicing, administrative support, and technology functions—jobs that don’t involve direct customer contact. Retail banking branches in the Salem area will remain open, Wells Fargo confirmed…