06.13.24

Wells Fargo Fires Over a Dozen for 'Simulation of Keyboard Activity'

by: Hannah Levitt

Wells Fargo & Co. fired more than a dozen employees last month after investigating claims that they were faking work. The staffers, all in the firm's wealth- and investment-management unit, were “discharged after review of allegations involving simulation of keyboard activity creating impression of active work,” according to disclosures filed with the Financial Industry Regulatory Authority (FINRA). Use of devices and software to imitate employee activity, sometimes known as “mouse movers” or “mouse jigglers,” took off during the pandemic, when more employers starting using technology to track remote workers. It's unclear from FINRA disclosures whether the employees Wells Fargo fired were allegedly faking active work from home. The finance industry was among the most aggressive in ordering workers back to the office as the pandemic waned.

Read the full article on Bloomberg