Wells Fargo To Pay Millions In Back Wages In Discrimination Charge

Wells Fargo faced accusations of discrimination against over 34,000 African-American job applicants and was fined by the US Department of Labor. The bank agreed to offer new job opportunities to 580 affected applicants. Additionally, over 300 female applicants faced discrimination. Although Wells Fargo did not admit liability, it highlighted that Hispanics had the highest selection rate due to the need for Spanish-speaking tellers. The company has since changed its hiring practices, including increased recruitment at historically Black colleges and universities.

What was the main accusation against Wells Fargo by the US Department of Labor?

• Discrimination against African-American job applicants

• Discrimination against Asian job applicants

• Discrimination against male job applicants

• Discrimination against Hispanic applicants

How many African-American job applicants were affected by the discrimination?

• Over 3,000

• Over 34,000

• Over 300

• Over 30,000

What was the reason given by Wells Fargo for the high selection rate of Hispanic applicants?

• Need for more diverse workforce

• Need for Spanish-speaking tellers

• Need for experienced workers

• Need for bilingual employees

How many female job applicants were reported to face discrimination?

• Over 30

• Over 3

• Over 3,000

• Over 300

What change did Wells Fargo implement in its hiring practices?

• Increased recruitment at technical schools

• Increased recruitment at historically Black colleges and universities

• Increased recruitment at international universities

• Increased recruitment at community colleges