14.06.2024 21:29:00 - dpa-AFX: Wells Fargo Fires Employees For Allegedly Faking Work

CHARLOTTE (dpa-AFX) - The U.S. bank Wells Fargo & Co (WFC) disclosed that it
has fired over a dozen of employees last month for allegedly faking work,
according to a filing by the Financial Industry Regulatory Authority reported by
Bloomberg.

The filing stated that the employees were 'discharged after review of
allegations involving simulation of keyboard activity creating impression of
active work'.

Devices like mouse movers or mouse jigglers are often used by employees to
prevent the computer from entering sleep mode, making the employers believe
employees are actively working.

The filings did not clarify whether the fired employees were working from home
or the office.

'Wells Fargo holds employees to the highest standards and does not tolerate
unethical behavior,' a company spokesperson commented.

After the pandemic in 2022, the bank asked its employees to follow a hybrid
flexible model and return to office.

Similarly, other banks such as Bank of America (BAC) has sent its employees
'letters of education' in January, threatening to take disciplinary action
against employees who fail to return to office, whereas Goldman Sachs (GS) asked
its employees, last year, to work in the office for five days a week, The
Guardian reports.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
BANK AMERICA DL 0,01 858388 Xetra 34,705 02.08.24 16:54:41 -2,025 -5,51% 34,610 34,725 35,675 36,730
GOLDMAN SACHS GRP INC. 920332 Xetra 436,550 02.08.24 17:02:44 -34,800 -7,38% 437,150 437,950 457,350 471,350
WELLS FARGO + CO.DL 1,666 857949 Xetra 51,470 02.08.24 13:43:04 -1,710 -3,22% 48,440 48,590 52,030 53,180

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