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Man fined for locking nine ex-colleagues in office after being fired
A man was fined S$4,000 (US$2,976) by a court on Monday (Aug 7) for wrongfully confining nine ex-colleagues in an office for about an hour after padlocking the main door. At about 2.20pm on Sep 1, 2022, Lim went to the office and locked the entrance door with the padlock. According to Lim, he assumed that his ex-colleagues were on their lunch breaks and that "probably all of them" had left the office. However, such lunch breaks were in fact staggered, and there would always be an employee looking after the office premises at any point in time, the prosecutor said.
Man fined for locking nine ex-colleagues in office after being fired
A man was fined S$4,000 (US$2,976) by a court on Monday (Aug 7) for wrongfully confining nine ex-colleagues in an office for about an hour after padlocking the main door. At about 2.20pm on Sep 1, 2022, Lim went to the office and locked the entrance door with the padlock. According to Lim, he assumed that his ex-colleagues were on their lunch breaks and that "probably all of them" had left the office. However, such lunch breaks were in fact staggered, and there would always be an employee looking after the office premises at any point in time, the prosecutor said.
A project of our size needs at least a few hundred million dollars per year to keep going,” Mr. Durov wrote in his public channel on Telegram late last year. “While doing that, we will remain independent and stay true to our values, redefining how a tech company should operate.
That strategy is the acquisition of a value-priced company by a growth company. Using the growth company's higher-priced stock for the acquisition can produce outsized revenue and earnings growth. Even better is the use of cash, particularly in a growth period when financial aggressiveness is accepted and even positively viewed.he key public rationale behind this strategy is synergy - the 1+1=3 view. In many cases, synergy does occur and is valuable. However, in other cases, particularly as the strategy gains popularity, it doesn't. Joining two different organizations, workforces and cultures is a challenge. Simply putting two separate organizations together necessarily creates disruptions and conflicts that can undermine both operations.
