The CEO at online banking firm Axos Financial Inc. has come under fire for subjecting staff to 'Big Brother-style surveillance’.
The level of staff monitoring, which online site Corporate Rebels dubbed a “Big Brother surveillance scheme”, was outlined in an internal memo which was previously shared by Bloomberg.
The memo, which was reportedly from the firm’s CEO, Gregory Garrabrants, read: "'We have seen individuals taking unfair advantage of flexible work arrangements' by essentially taking vacations [...]. If daily tasks aren’t completed, workers 'will be subject to disciplinary action, up to and including termination"'.
In response to Bloomberg’s request for comment, Axos Spokesman, Gregory Frost, said in a statement: “The enhanced monitoring of at-home employees we implemented will ensure that those members of our workforce who work from home will continue to meet quality and productivity standards that are expected from all workers.”
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