The way they are doing it seems illegal... However at my work we host all our meetings through zoom and record them all.
(An individual doing so, on the other hand, might be problematic.)
Nope, that's not true at all. Not to play the game of semantic-nazi, but that's legitimately offensive when you look at a "third-world" country's employee rights compared to the US.
I'll take you for a tour in Phnom Penh, Cambodia if you're interested in seeing what a "third-world" country's working conditions are really like.