Saturday, October 17, 2020

Horrible Boss Loses Profits From Selling Company


And that's why it pays off in the long run to document everything. This is a genuine professional revenge. You love to see it. If you enjoyed this tale of pro revenge, check out another glorious tale of revenge involving some incompetent managers who made the grave mistake of firing their all star employee.

1.

Text - r/ProRevenge u/eliechallita • 3y + Join Cost a horrible boss all the profits from selling his company I met an amazing mentor while doing my masters in the US who hired me to work for a company where he was the COO after I graduated. I'm an immigrant to the US, so my visa is conditioned upon being employed: get red, and I would quickly get deported back to the Middle East. The CEO of that company was planning on selling the company to a much larger British firm, so he wanted to maximize r

2.

Text - Part of my job was ensuring that we respected out terms of use for the data we bought from our suppliers: I would make sure that our customers used it in the pre-approved way, that the engineers used and encrypted the right data for each product, and that we reported usage and sales accurately so that the suppliers could bill us. Well the sales VP and the CEO had approved a bunch of deals where they allowed a customer to use the data in a way that breached our supplier contracts and under

3.

Text - I kept track of every single transaction they made in that way, however. After the British firm bought that company, I was one of the people they kept on because I was managing the product lines really well at the time. I got along with the new owners quite well. So when they decided to review the contracts and discovered the audit, I gave them every single file I had on those fraudulent transactions. The company had been in breach of contract with several suppliers and I had the paper tr

4.

Text - The new owners immediately worked with the supplier to address the issue and reimburse them. They then claimed that this additional expense had been incurred before the purchase (since the audit predated it), deduced it and the revenue based on it from the company's total value, and then took that out of the payout that they were supposed to give the CEO and VP. Those two assholes didn't make a single cent off of selling their company, and that's after they had worked on it for 6 years. T

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