Posts tagged Banking Industry
Florida Wells Fargo Workers Successfully Remove CWA Union
March 30, 2026 // Employees at the Lakewood Plaza location of Wells Fargo in Spring Hill, FL, have successfully forced Communications Workers of America (CWA) union officials out of power at their workplace. The effort to remove the union kicked off earlier this month, when bank employee Virginia Fenton filed a petition asking the National Labor Relations Board (NLRB) to hold a union decertification vote at the Spring Hill Wells Fargo branch. Fenton filed the petition with free legal aid from the National Right to Work Legal Defense Foundation.
The future of white-collar work may be unionized
October 10, 2025 // “The way layoffs happened at Google, where it wasn’t clear what the reason for people getting laid off was, definitely created a sense of job insecurity and mistrust,” says Parul Koul, a software engineer at Google and president of the Alphabet Workers Union. Another driver has been artificial intelligence threatening to replace entry-level knowledge work. Few white-collar industries epitomize the challenge of integrating AI into workflows more than the practice of law. While many legal experts say AI will have a transformative impact by automating repetitive research tasks, some also fear it will dilute entry-level associate roles at law firms.
Why the Term ‘ESG’ Is Disappearing — But the Practices Remain
June 22, 2025 // In 2023, Vincent Vernuccio claimed “You will be hearing less and less about ESG. They are still going to be doing it. But they are just not calling it ESG.” I was surprised to hear that back then. Nearly two years later, it is time to examine how this prediction has unfolded. What has changed in corporate communication, investment trends, and regulatory landscapes? And how do developments in the United States compare to those in Europe, where ESG is subject to increasing scrutiny and reform?
Can JPMorgan be unionized? Employees turn to their peers at Wells Fargo for advice.
June 9, 2025 // Recently, JPMorgan’s organizers hosted a virtual conference with a unionizer who was associated with Wells Fargo’s effort to “share lessons discovered,” according to an e-mail shown members previously today. The Wells Fargo drive, which is likewise supported by a union called the Committee for Better Banks, has actually extended on for 2 years with little success. ” Develop trust before going public.” ” Usage natural work environment discussions (e.g. breaks, lunch, text discussions) to check the waters and construct self-confidence.” ” Talk beyond deal with coworkers to evaluate their belief.” ” Keep management in the dark about the procedure.” ” Press back versus unlawful management activity. Supervisors might not * SPIT: Surveil, Guarantee, Interfere, or Threaten with regard to unionizing activity or results– however they might not understand this.” ” Reframe the threats to increase self-confidence: The status quo is the genuine risk. Would they fire the entire department?”
Bethel bank employees postpone unionizing vote
December 26, 2023 // Walker Sexton, a personal banker, had filed notice of a union election to join Communications Workers of America’s Wells Fargo Workers United cancelled their vote on Wednesday, the day that a Wells branch in Albuquerque, N.M., voted to create the first unionized branch of any major U.S. bank. Communications Workers of America is a division of UNI Global Union, an international union that is a staunch critic of Israel and that does not condemn Hamas terrorist operations. The abandonment of the union vote effort left Rep. Mary Peltola holding the bag. The “worker power” effort had the full support of Peltola, who wrote last month, “Worker power doesn’t stop where the road system ends. I’m excited to see workers standing together in my hometown of Bethel.” Global unions demand international protection and justice for the people of Palestine Peltola comes out in favor of bankers union But not everyone in the bank seems to have agreed with Peltola.
Not one CEO of the 7 biggest U.S. banks responded “yes” when asked if they would be neutral with employee unionizing.
September 26, 2022 // “We will operate for our shareholders, our customers, our employees within what the law allows us to do.” When questioned by Sen. Sherrod Brown (D-OH) during a hearing from the Committee on Banking, Housing and Urban Affairs, not one CEO of the 7 biggest U.S. banks in America responded with “yes” when asked if they would remain neutral if their employees tried to unionize.
Big Labor is Targeting Banks and Credit Unions??
March 28, 2022 // Recent successful efforts by big labor to organize and unionize bank and credit union workers in New York, Washington, Oregon and California, highlight the financial industry’s vulnerability. Of course, supervisors and managers are generally prohibited from assisting and excluded from forming a labor union under the National Labor Relations Act (NLRA), nearly every other type of employee in the private sector is generally free to organize and bargain collectively with their employer and engage in other protected concerted activities related to terms and conditions of employment, or choose to refrain from such activities. Being simply employed by a bank, credit union or other financial institution does not prevent the worker from forming or joining a union under the NLRA.
A Misguided Republican Gift to Big Labor
February 8, 2022 // At the 35,000-foot level, a works council is a collective forum that petitions the employer on improving working conditions, receives communications of proposed changes to working procedures, and engages in formalized labor-management dispute resolution. Typically, the works councils are not empowered to call strikes or other industrial actions but are granted some power to bargain with the employer on behalf of the workers at their given work sites.