The new title seems more accurate. It's still no good at all (obviously), but it doesn't appear that they monitored any computers except their own employees' computers. Of course, that ends up intercepting both sides of any conversation, which may often include non-employees; but that's generally the case when any employer monitors their employees' email (as many do). The questionable part would be whether this violated whistleblower protections, i.e. it was done in retaliation for a complaint.
(I'm more generally wary of employers reading their employees' email, but afaict it's widespread and legal, if not done in some kind of prohibited retaliatory manner. At least, that's the case in the U.S.; I believe some other countries may have privacy laws that restrict what employers can read.)