Wells Fargo dismissed more than a dozen wealth and investment management unit employees for simulating keyboard activity to show active work, as revealed by an investigation.
The bank emphasized its high standards and zero-tolerance policy for unethical behavior, following the dismissals due to alleged faked work activities.
There was ambiguity whether the fired employees specifically simulated work from home, indicating the need for greater clarity regarding the circumstances of the misconduct.
Wells Fargo transitioned most employees back to the office in early 2022, including those in customer-facing roles, adopting a hybrid flexible work model.
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