Path: ...!Xl.tags.giganews.com!local-1.nntp.ord.giganews.com!news.giganews.com.POSTED!not-for-mail NNTP-Posting-Date: Mon, 17 Jun 2024 22:18:11 +0000 Subject: Re: Wells Fargo has fired a bunch of employees after finding out they were pretending to work From: danmin@danminart-dot-com.no-spam.invalid (Danart) Newsgroups: talk.politics.misc Mime-Version: 1.0 Content-Type: text/plain; charset=ISO-8859-15 Content-Transfer-Encoding: 8bit User-Agent: newsSync 667751875 References: Message-ID: Date: Mon, 17 Jun 2024 22:18:11 +0000 Lines: 161 X-Usenet-Provider: http://www.giganews.com X-Trace: sv3-8HnuZHnVpwaG76LGI1IzYFMzsLyzYiro/TCA6Qu+3XgJ2RYcywwyln+UAE5Di8Z8l7xymYas5hnKxlo!Gp11qWILbx+FOF+jYSb/UKf+B5O8HWxqctflCkSKZDs3+6n3Rw92qwmPY42oPppqqYgwisgaMXFh!gg== X-Complaints-To: abuse@giganews.com X-DMCA-Notifications: http://www.giganews.com/info/dmca.html X-Abuse-and-DMCA-Info: Please be sure to forward a copy of ALL headers X-Abuse-and-DMCA-Info: Otherwise we will be unable to process your complaint properly X-Postfilter: 1.3.40 Bytes: 6360 X-Original-Lines: 1 > Michael Ejercito wrote: > https://www.msn.com/en-us/money/companies/wells-fargo-has-fired-a-bunch-of-employees-after-finding-out-they-were-pretending-to-work/ar-BB1odJGA?ocid=BingNewsSerp#comments > > Wells Fargo has fired a bunch of employees after finding out they were > pretending to work > > > Wells Fargo has reportedly let go of a handful of staff who were faking > working. > Wells Fargo has reportedly let go of a handful of staff who were faking > working. > © Daniel Tepper/Bloomberg - Getty Images > Ahandful of bankers have been let go by Wells Fargo after the financial > giant discovered the staff were "simulating keyboard activity" instead > of actually working. > > The more than dozen employees were all in the firm's wealth- and > investment-management team, and were "discharged after review of > allegations involving simulation of keyboard activity creating > impression of active work." > > The issue was raised in a filing to the Financial Industry Regulatory > Authority, which was seen by Bloomberg. > > “Wells Fargo holds employees to the highest standards and does not > tolerate unethical behavior,” a company spokesman told Reuters. Wells > Fargo did not immediately respond to Fortune's request for comment. > > What the filing doesn't make clear is quite how the employees managed to > fake their working day, and for how long they got away with it. Whether > or not the employees were in the office or working from home is not > stated, though the wider policy for Wells Fargo staffers is to be > in-person at least three days a week. > "A hybrid schedule is available with many of our corporate positions, > giving you the flexibility to work from home on some days and at the > office on others," the company's website adds—a public position at odds > with the widespread push on Wall Street to return to the office. > > 'Mouse jiggler'? > While Wells Fargo—which is the third biggest bank in America—did not > expand on how its staffers used to "simulated" the work, there are many > techniques and technologies available. > > During the coronavirus pandemic when staff were sent to their home > offices, social media was alight with tips and tricks on how to get away > with looking busy while doing the bare minimum. > > One of the tools some people reportedly used was a 'mouse mover' or > 'mouse jiggler' so that activity on the device was recorded. As a > result, the individual would always show as 'online' with their screen > active. > > Likewise keyboard 'clickers' simulate an individual typing, when > actually a machine is pressing random buttons on a device's keyboard. > Such tools are still readily available to purchase online—with some > claiming to be "undetectable". > > Wall Street mandates > The Wells Fargo incident may have proved a small victory for the Wall > Street majority who have been pushing to get staff back to their desks > more often—where their bosses can see them. > > Despite the upsides experts have flagged with hybrid work—from it being > a better solution for women through to ensuring the retention of highly > talented individuals—many finance titans have pushed hard to get their > staff back. > > JPMorgan CEO Jamie Dimon, for example, has pushed employees at America's > biggest bank to return to the office. Last year he said that companies > should "modify" their models to help women who needed an additional > layer of flexibility, but more widely believes remote work "doesn’t work > for young kids or spontaneity or management.” > > As a result senior leaders at the company are required to be at their > desks five days a week, with other employees expected in at least three > times. > > The line is the same at Morgan Stanley, with former CEO—now > chairman—James Gorman giving staffers a no-nonsense reality check back > in January last year. In an interview with Bloomberg he said: “[Staff] > don’t get to choose their compensation, they don’t get to choose their > promotion, they don’t get to choose to stay home five days a week. I > want them with other employees at least three or four days.” > > Goldman Sachs is in the same boat—and has repeatedly reminded employees > that they need to be in the office five days a week. Last summer human > resources chief Jacqueline Arthur said: "“While there is flexibility > when needed, we are simply reminding our employees of our existing > policy. We have continued to encourage employees to work in the office > five days a week." > > This story was originally featured on Fortune.com > > > ooooooooo > > What were they expecting? > > > Did they expect simulated keyboard activity to produce anything > OTHER than gibberish? > > > Imagine explaining to your boss what > "nsfjnowhfnohiw2nfiofoiwhnfhnwofcjn" means. > > > Michael I know there are people like that. But honestly that is so out-dated. What were these positions that people was fired from ??? This is a response to the post seen at: http://www.jlaforums.com/viewtopic.php?p=667624050#667624050