Wells Fargo terminated over a dozen employees in its wealth and investment management division for simulating keyboard activity to create the impression of active work, a practice that gained popularity during the work-from-home era.
The company holds employees to high standards and condemns unethical behavior, though it's not specified if the terminated employees were faking remote work activity.
Wells Fargo's delay in returning to office post-pandemic contrasts with firms like JP Morgan Chase & Goldman Sachs. Previous incidents include an investigation into expense policy breaches in 2018.
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