#Wells Fargo fires over 100 staffers for COVID-19 relief abuse

#Wells Fargo fires over 100 staffers for COVID-19 relief abuse

“#Wells Fargo fires over 100 staffers for COVID-19 relief abuse” Wells Fargo has reportedly fired more than 100 staffers after an internal investigation found they had fraudulently applied for and received coronavirus relief funding for themselves. The embattled megabank made the disclosure in a memo to staffers, alerting them that some of their colleagues had…

Read More
#Wells Fargo lays off 700, sees deeper cuts to come

#Wells Fargo lays off 700, sees deeper cuts to come

“#Wells Fargo lays off 700, sees deeper cuts to come” Charlie Scharf is kicking more folks off the stagecoach. The Wells Fargo chief has resumed layoffs after his plans were stymied by the onset of the coronavirus, and will move forward with deeper job cuts as he gets back to cutting costs at the scandal-plagued…

Read More
#How ‘college for all’ only deepens inequality

#How ‘college for all’ only deepens inequality

“#How ‘college for all’ only deepens inequality” Wells Fargo’s CEO recently faced outrage for a memo noting “the unfortunate ­reality is that there is a very limited pool of black talent to ­recruit from.” Rather than pseudo-righteous indignation, maybe it’s time to confront uncomfortable facts about both college preparedness and the way our society bases…

Read More