Wells Fargo cuts 2.3k jobs

BAKERSFIELD, Calif. - Layoffs at a major bank has thousands of workers looking for a new job this morning.

Wells Fargo announced it's getting rid of about 2,300 employees.

The banking giant blames rising interest rates and decreases in mortgage refinance for the cuts.

The workers losing their jobs received a 60 day notice on Wednesday.

The bank hasn't provided a full list of cities affected.

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