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Have you ever had a job? Have you ever had management insist upon some stupid metric or some deadline that just could not be met and they refused to hear about
by danielweber 10y ago
Have you ever had a job? Have you ever had management insist upon some stupid metric or some deadline that just could not be met and they refused to hear about it?
People had to open new accounts or lose their jobs. Some people opened fake accounts to accomplish this. When they were found out, they were fired. Sounds like a horrible place to work, but the firings were proof that management didn't want this to happen, not some bizarro proof that this is what they wanted all along.
You don't need coordination to figure out how to game a system.
- gscott 10y agoThis is not quite right. They were pressured by managers to open fake accounts, fired for not making quotas if not, fired if they reported the practice, and then all fired once the government finds out and it blows up. Of course the senior management plays dumb and keeps their jobs.
- danielweber 10y agoThey were not "all fired, once the government found out." Wells Fargo confirmed to CNNMoney that it had fired 5,300 employees over the last few years related to the shady behavior. Employees went so far as to create phony PIN numbers and fake email addresses to enroll customers in online banking services, the CFPB said. http://money.cnn.com/2016/09/08/investing/wells-fargo-created-phony-accounts-bank-fees/ http://money.cnn.com/2016/09/08/investing/wells-fargo-create...