From today’s Reuters:
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.
In a Wednesday letter to Wells Fargo CEO Charlie Scharf, 15 senators led by Arizona’s Ruben Gallego said the fourth-largest U.S. bank’s history of setting aggressive sales goals led to mistreatment of consumers, staffing shortages and substandard pay, providing an incentive to unionize.
The senators also said Wells Fargo has become “significantly more aggressive” in retaliating against employees who try to organize, including in Arizona, Florida, North Carolina and Wyoming, and that six unfair labor charges have been filed this year with the National Labor Relations Board.
“Your employees are entitled to fair wages and safe working conditions,” including freedom to report “problematic policies,” the letter said. “We urge you to stop this union busting campaign.”
In a statement, a Wells Fargo spokesperson said the bank offers competitive pay, benefits and career opportunities, and that “we respect our employees’ right to choose whether or not to be represented by a union.”
Read the complete story here.