Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

Former Wells Fargo employee shares pressure he felt over sales quotas

David Brancaccio Oct 13, 2016
HTML EMBED:
COPY

Former Wells Fargo employee shares pressure he felt over sales quotas

David Brancaccio Oct 13, 2016
HTML EMBED:
COPY

Wells Fargo CEO John Stumpf resigned on Wednesday following outcry over a fake accounts scandal within the company. In order to meet sales quotas, employees had opened more than 2 million accounts and credit cards for customers without their knowledge

To get a better sense of the company’s culture, we spoke with former Wells Fargo banker Khalid Taha. He recently settled a personal injury lawsuit against Wells Fargo over stress caused by sales quotas and left the bank in July as a condition of his settlement.

Click the above audio player to hear his full account. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.