Wells Fires Over a Dozen for ‘Simulation of Keyboard Activity’

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.

A Wells Fargo branch in New York on Dec. 27, 2023.

Photographer: Angus Mordant/Bloomberg

“Wells Fargo holds employees to the highest standards and does not tolerate unethical behavior,” a company spokesperson said in a statement.

Devices and software to imitate employee activity, sometimes known as “mouse movers” or “mouse jigglers,” took off during the pandemic-spurred work-from-home era, ...