Portland jobs climate: Home Depot hires, Wells Fargo fires

Here’s the latest on who’s firing and who’s hiring:

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Wells Fargo announced it was cutting 68 mortagage jobs.

The San Francisco-based bank said it will try to find other positions for those affected by the decision.

…As the economy improves, the bank said delinquency and foreclosure rates have declined to the lowest level in four years. That’s reduced the amount of work for the bank’s collections, foreclosure and bankruptcy arms.

(READ MORE: Portland Business Journal)

Home Depot plans to hire hundreds of employees in Portland as part of its nationwide expansion.

The positions will include sales workers, cashiers, operations team members, online order fulfillment specialists and others. Home Depot is seeking full- and part-time workers.

…Home Depot’s stock closed at $123.79, down a little more than 1 percent, during trading on Wednesday. The $86 billion company is trading about $12 lower than its 52-week high.

(READ MORE: Portland Business Journal)


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