Wells Fargo Fires Workers for “Simulation of Keyboard Activity”

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The number of people has more than doubled since the start of the pandemic although some companies have retreated from a liberal telecommuting policy.
Wells Fargo – one of the so-called “Big Four Banks” in the United States alongside JPMorgan Chase, Bank of America, and Citigroup – and a financial institution that traces its origins back to 1852, terminated over a dozen bank employees following an investigation into claims of the use of software to fake work activity on their computers.
The story was first reported by Bloomberg.
According to the Financial Industry Regulatory Authority, the dismissed employees were part of the firm’s wealth and investment management division and were “discharged after review of allegations involving simulation of keyboard activity creating impression of active work.”
As more corporate employees began to work from home, surveillance of telecommuting staff has been on the rise.  Alongside this movement, companies have developed devices and software to fake keyboard and mouse movement.
The FINRA report does not indicate whether the dismissed employees worked from home, from the office, or on a hybrid basis.
Between 2019 and 2021, the number of people primarily working from home trebled from 5.7% – ca. 9 million people – to 17.9%, or some 27.6 million people.
(Photo: Accura Media Group)
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