APPLETON, Wis. (AP) - Wells Fargo plans to lay off 30 workers in Appleton as mortgage refinancing slows.
The San Francisco-based lender said Wednesday it has given 60-day layoff notices to 925 mortgage division employees nationwide, including the Appleton workers.
A company spokeswoman tells Post-Crescent Media the layoffs are due to the decrease in mortgage refinancing throughout 2012 and early 2013.
The spokeswoman says Wells Fargo is committed to retaining as many workers as possible and is working with them to find other positions in the company.
Wells Fargo has been trimming its mortgage staff after a recent bump in interest rates slowed consumer demand for refinancing.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Marinette Marine is preparing to christen one of its Littoral Combat Ships.
A survey of local businesses looked at employee numbers and overall outlook for the coming year.
Those who do go to the Packers-Falcons game Sunday will help honor a green and gold legend.
The cold caused some problems in the Fox Valley Friday.
A donation from an area bank will be making a difference in the years to come for Green Bay East High School.
A Pearl Harbor survivor was given a special honor Friday morning at Green Bay East High School.