financetom
Business
financetom
/
Business
/
Wells Fargo fires more than dozen employees for allegedly faking work, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Wells Fargo fires more than dozen employees for allegedly faking work, Bloomberg News reports
Jun 13, 2024 8:00 AM

June 13 (Reuters) - Wells Fargo ( WFC ) last month

terminated over a dozen employees after reviewing allegations

that they were involved in simulation of keyboard activity,

creating an impression of active work, Bloomberg News reported

on Thursday.

The fired employees worked in the bank's wealth and

investment management unit, according to the report, which cited

the bank's disclosures filed with the Financial Industry

Regulatory Authority.

"Wells Fargo ( WFC ) holds employees to the highest standards and

does not tolerate unethical behavior," a spokesperson told

Reuters.

It wasn't clear from the regulatory disclosures if the

employees were fired for allegedly faking active work from home,

the report added.

Wells Fargo ( WFC ) in early 2022 had asked most of its employees,

including those in customer-facing roles, to return to office

and work under a hybrid flexible model.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved