PASADENA, Calif.—The $6.36-billion Wescom Financial here is planning 72 permanent layoffs effective April 21, 2026, according to California Worker Adjustment and Retraining Notification (WARN) records.
The state’s WARN report shows the job cuts spread across 18 Wescom locations in multiple counties, with the largest single-site impact listed at 40 employees at 5601 E. La Palma Ave., Anaheim; the Pasadena address at 123 S. Marengo Ave. shows 15 employees affected. The notice date in the WARN report is Feb. 19, 2026, and the layoffs are categorized as “Layoff Permanent” in the Finance and Insurance industry code.
Public posts tracking WARN filings also circulated the entry this week, pointing to the same April 21 effective date and multi-location footprint reflected in the state data.
Wescom has recently described a transition involving its wealth-management operations—telling members it moved its broker-dealer and clearing relationship to LPL Financial to provide the “operational backbone” for the division—though the WARN entry itself does not specify a business unit.
CUToday.info has reached out to Wescom for comment.