Loading...
Loading...
Browse all stories on DeepNewz
VisitWells Fargo Fires Over a Dozen Employees in May for Faking Work with Keyboard Simulators
Jun 14, 2024, 12:56 AM
Wells Fargo has terminated more than a dozen employees following an investigation into allegations of falsified work activity. The employees were reportedly using tools such as mouse movers and keyboard simulators to create the illusion of active work while working remotely. The terminations occurred last month in May and involved staff primarily from the bank's wealth and investment management divisions. This action, detailed in a Finra filing and reported by Bloomberg, underscores the bank's commitment to maintaining productivity and integrity among its remote workforce.
View original story
Markets
Yes • 50%
No • 50%
Official Wells Fargo reports or credible news sources
No • 50%
Yes • 50%
Official announcements from regulatory bodies or credible news sources
Yes • 50%
No • 50%
Official Wells Fargo announcements, press releases, or credible news sources
Related to financial misconduct • 33%
Related to remote work practices • 33%
Other reasons • 34%
Official Wells Fargo announcements or credible news sources
Policy changes • 33%
No major changes • 34%
More terminations • 33%
Official Wells Fargo announcements or credible news sources
Outperforms S&P 500 • 33%
Performs on par with S&P 500 • 33%
Underperforms S&P 500 • 34%
Stock market performance data from credible financial sources