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SIOUX FALLS, S.D. (AP) Wells Fargo Financial is eliminating some positions in Sioux Falls.

The company isn't disclosing the number, but an employee told KDLT News that more than 100 workers are losing their jobs.

Company spokesman Steve Carlson says all of the positions being eliminated are in sales. He says workers will receive help in finding other jobs, and can apply for other positions within the company.

Carlson says Wells Fargo is making the changes "to align capacity with changing business needs." He didn't elaborate.

Wells Fargo Financial in the Sioux Falls metro area is the headquarters of the company's credit card business, according to its Web site.

Wells Fargo Financial has about $73 billion in assets and about 21,000 employees. It provides real estate loans, credit card services and car, sales and business financing. It is a division of San Francisco-based Wells Fargo and Co.

(Copyright 2009 by The Associated Press. All Rights Reserved.) APNP 07-02-09 0907CDT | save this article / add to your favorites list