2 ms·
The most disturbing aspect of the last Wells Fargo “issue” is that many employees came forward to HR to raise the issue. Instead of investigating, and acting in
by jmpman 4y ago
The most disturbing aspect of the last Wells Fargo “issue” is that many employees came forward to HR to raise the issue. Instead of investigating, and acting in the best interest of the customers and employees, HR helped facilitate the deception. The head of HR should have been severely punished. Instead the deputy general council left WF. The rot was much deeper, and nobody went to jail. I’m not aware of any being subject to clawback. These were people who orchestrated the firing of whistleblowers.
The U.S. Department of Labor's Occupational Safety and Health Administration found Wells Fargo violated the whistleblower protection provisions of the Sarbanes-Oxley Act.
Wells Fargo continues to show up with these headlines. The only way thats possible is if HR is facilitating this effort. Congress needs to expand whistleblower protection to result in criminal prosecution of those who facilitated the whistleblower retaliation.
Until then, these violations will continue.
Right now, HR is incentivized to thwart the investigations, and get rid of the whistleblowers. Nothing has changed.