Wells Fargo worries union ‘resurgence’ could reach its workers next

By Josh Eidelson
Published 5 Min Read

Wells Fargo leaders are privately expressing increased concern that a years-long effort to unionize the bank’s employees could soon start notching victories — and have made plans to spend millions addressing the “pain points” that can fuel organizing efforts. 

The lender has seen “an increase in organizing activity” by employees working with the Communications Workers of America, according to an internal PowerPoint presentation viewed by Bloomberg News. That comes amid what it called a broader “resurgence” of US union activity.

Josh Eidelson

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