Posts tagged Wells Fargo
US senators demand Wells Fargo welcome employee unions
September 18, 2025 // A group of Democratic senators called on Wells Fargo (WFC.N), opens new tab to end its alleged campaign against employee unions, saying a more constructive approach could address a toxic workplace culture and help the bank recover from scandals that prevented it from growing.
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?”
Local Wells Fargo branch votes to unionize, bargaining process occurring across country
December 12, 2024 // The branches within the union are still in the bargaining faze which began on November 4th, and are now waiting to hear the details on a national contract. According to "Committee For Better Banks", there are 23 Wells Fargo branches across the country who have joined the union, with 6 other branches having filed for union election.
Union drive at Wells Fargo heats up as employees allege intimidation tactics
October 21, 2024 // After Wells Fargo was mired in a 2013 scandal over employees who opened millions of fake banking accounts, the bank created a new centralized unit to review customer complaints and employees’ allegations of workplace abuses. Now, however, that team is upended by its own turmoil as its members have accused bank officials of aggressively trying to block a unionization drive and firing employees in retaliation for their efforts to organize.
American bank sacks over a dozen WFH staff who used ‘mouse movers’
June 14, 2024 // The products – also known as ‘mouse jigglers’ – exploded in popularity during the pandemic as staff tried to escape the watchful eyes of bosses while apparently working from home. The contraptions let users leave their desks for hours at a time without being detected by their employer, by moving their computer mouse autonomously.
Wells Fargo shareholders reject union-busting audit
May 3, 2024 // Wells Fargo shareholders rejected a proposal Tuesday to appoint a third-party monitor that would have examined whether the bank was impeding employees’ unionization rights, according to American Banker.
2024 strikes predicted to be less disruptive; but layoffs and unionization continue
January 5, 2024 // US workers will not be exerting the same sort of pay pressures on employers as they did in 2023, with opportunities to strike being much reduced. After a bumper 2023 of strike activity, it claims the bargaining schedule for 2024 does not appear to be facing as many battles ahead.
Unions poised to capitalize on U.S. labor board rulings that bolstered organizing
January 2, 2024 // Business groups and employers are challenging many of those decisions in court, but in the mean time companies should brace themselves for an uptick in organizing emboldened by the NLRB's burst in pro-union activity, experts said. "There's an all-out assault to get businesses to recognize unions and increase union membership," said Ben Brubeck, vice president at construction trade group Associated Builders and Contractors.
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.
Some Wells Fargo employees vote in favor of unionization; others reject
December 22, 2023 // In the lead-up to the vote, the bank had highlighted several measures it had taken to address some of the concerns raised by its employees, such as improving compensation and benefits for lower-paid workers and bumping up median base salaries. But at a hearing before the Senate Banking Committee earlier this month, CEO Charlie Scharf, when asked if the bank would remain neutral during the unionization effort, said Wells Fargo would exercise its right "to speak with (the employees) to make sure they make an informed decision". Employees at the Daytona Beach, Florida branch and Atwater, California have also filed for union elections which are expected to be held in January, two sources said.