Wells Fargo Revives Policy That Led to Fake Job Interviews, With Tweaks

Wells Fargo is reactivating a hiring practice that it paused earlier this year after a former employee revealed that it was leading managers to interview nonwhite candidates for jobs that had already been filled, according to a memo seen by The New York Times.

The bank’s practice, known as its “diverse slate” policy, requires that half the candidates interviewed for certain jobs be female or nonwhite. It also calls for the panel of people interviewing candidates for certain jobs to be “diverse,” meaning they cannot all be white men. Beginning Aug. 19, the practice will again be put in place for certain jobs, with new features added to prevent abuse, according to the memo, which was sent to managers at the bank on Monday.

The bank acknowledged in the memo that its guidelines could be improved. One problem executives found, according to the memo: “Our guidelines and processes can be overly prescriptive.”

Article source: https://www.nytimes.com/2022/08/01/business/wells-fargo-hiring-policy-fake-job-interviews.html