Wells Fargo Makes History as First Major US Bank with Unionized Branch
Workers at a Wells Fargo branch in New Mexico have voted to form a union, making it the first union at a U.S. megabank. This comes as Wells Fargo faces a wider labor campaign, with two other branches filing petitions for union representation. The company opposes unionization but respects employees' rights to vote. Worker frustration at the Albuquerque branch centers on short-staffing and increased workloads. Seven complaints of illegal anti-union activity by Wells Fargo are under review. The union drive at Wells Fargo reflects a growing interest in unionization across various industries, although reaching an agreement with the bank on new workplace terms may be challenging.
