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> I imposed the largest financial penalty in our company’s history on the instigator $0 in zero-valued stock options? I guess technically that is likely the tr
by jiveturkey 6y ago
> I imposed the largest financial penalty in our company’s history on the instigator
$0 in zero-valued stock options? I guess technically that is likely the truthfully largest penalty ever because it's unlikely that they have ever imposed any financial penalty on any employee. Or, they do have a policy of imposing financial penalties on employees ... I don't know which is worse.
That said, the zero tolerance being advocated here is not helpful. Based on the story alone, it's not as if the women involved were directly being harassed/assaulted. This is more a case of locker room banter. It's actually lucky this happened in the way it did (ie, with evidence) so that it could be nipped in the bud before possibly escalating.
OTOH, Verkada could have and should have done much better than what they did. It doesn't even amount to a slap on the wrist. Does anyone even believe that the discipline amounted to more than "don't get caught next time"? Laughable. An event like this, for a company like, isn't simply an internal matter. There are predictable public-facing repercussions. They have a lot more space between "nothing" (their response) and firing.
Well, the CEO has essentially no proper experience in real companies; only the ones he founded. But, he seems like a smart guy and should know better than this.