They gave the original guy zero warning. Kind of messed up.
But I can't see how that would work because only the really bad salespeople don't already know to have their own contact list. Once you've seen it happen to someone else or heck watched certain movies, you should know better.
I always reported it, but damn, at least have the foresight to scrub your list of stolen accounts for contacts that have the last name "TEST". Pretty obvious where you got the list from if you don't.
Exactly, their book, the contacts they personally have. Not an arbitrary dump of a previous employer’s contact database, but the folks they had relationships with.
There are no negative consequences for screwing over employees.
Probably depends on multiple factors such as size of local economy, how many similar employers are in an area, how big the potential hiring pool is, but word gets around. One consequence is you can struggle to hire, at least for a while.
Very much an intangible though.
A former employer of mine that is nowhere near Amazon success level has tons of horrible glass door reviews calling out the senior managers yet still people join.
The lessons learned should not be: "CEOs need to do this, this, and that" and neither should it be "For employees, how you handle change will affect the trajectory of your career and possibly your net worth"
CEOs don't _need_ to do anything. They don't owe you anything. They can run the company into the ground for all we care, what matters is whether you have the power or not.
What it should be is this: "If you do not have power, you need to plan for the case when you will get screwed".
He who fails to plan, plans to fail.
Power is the degree to which a person has control over their own circumstances. Power is the degree to which we control the directions of our lives.
The capitalism horror stories I read every day on this website are astonishing and depressing.