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.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wells Fargo: Prepare for recession by investing in high-quality stocksPlay defense and load up on quality stocks because a recession is coming, Wells Fargo strategist says
Source: BusinessInsider - 🏆 729. / 51 Read more »

Officials explain West Side Market plans in public meetingIn the Market for a Plan is the fifth installment of an eight-part Community Speaker Series about a potential future for the 111-year-old West Side Market. An audience of 200-plus learned about the entire master plan Thursday night.
Source: clevelanddotcom - 🏆 301. / 63 Read more »

Master plan unveiled for West Side Market upgrades and improvementsA new masterplan for the West Side Market is revealed to the public on Thursday night and it includes 44 million dollars in upgrades, repairs, and improvements.
Source: cleveland19news - 🏆 70. / 68 Read more »

New proposal for West Side Market includes more public space, upgraded infrastructureThe proposal includes infrastructure updates long-sought by vendors, as well as increased public seating and amenities meant to help the aging market better serve a modern world.
Source: WEWS - 🏆 323. / 59 Read more »

Binance’s Market Share Fell Further in JuneBinance, the world’s largest cryptocurrency exchange by trading volume, saw its market share continue to decrease in June to levels not seen since August 2022. LedesmaLyllah reports
Source: CoinDesk - 🏆 291. / 63 Read more »