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Wells Fargo to shutter office, cut 200 jobs

Mar 28, 2019 - Star Tribune (Minneapolis, Minnesota)

Wells Fargo notified state officials that it will eliminate about 200 jobs at an office in Bloomington from which it provides payroll services to businesses.

The company said Wednesday it is closing the operation after agreeing to transition its customers to a similar service provided by ADP Inc. Wells Fargo also agreed to refer future customers to business payroll services of ADP.

With the change, layoffs will begin on May 24.

Wells Fargo said it expects employees will accept ...