Wells Fargo is leaving nine floors on Independence Mall to consolidate offices on West Market Street

Wells Fargo announced to its Philadelphia employees on Friday afternoon that the company is consolidating its office space in the city on West Market Street.

“We have more real estate than we need to support our current employee count in Philadelphia given our hybrid work schedule and the flexibility that we offer now after COVID,” said Elise Corbett, spokesperson for Wells Fargo.Corbett emphasized that there will be no layoffs, displacements of jobs outside the city, or changes to Wells Fargo’s existing hybrid schedule of three days in office and two days at home.

“We’ve been in this building since 1973,” said Corbett. “This [move] gives us a chance to have fresh space. I believe there are fitness centers on-site. New state-of-the-art training and meeting facilities. Different views of the parkway, when we’re used to looking over Independence Mall.”Corbett said the move is part of a larger national restructuring of commercial office space by Wells Fargo.

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