Carta announcing layoffs and CTO fired
In a private, unrecorded Zoom meeting (which half of employees have been unable to join due to format), Henry Ward announced layoffs. Most importantly, Jerry Talton was fired. There's information out there on why. š¬ It's hella bad. Unless you hate women, I guess. š Layoff details expected next Friday.
Spill I canāt find it on Google yet
Thatās too much to read.
https://www.law.com/radar/card/eshares-inc-v-talton-iii-47321855-0/
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Carta??
They manage equity grants for startups
It's short for Cartel
"eShares Inc. d/b/a Carta Inc. filed a breach-of-contract and trade secrets lawsuit against former CTO Jerry O. Talton III on Friday in New York Southern District Court. The suit, brought by Dechert, accuses the defendant of leaking private, privileged and confidential info to outside parties in order to induce and assist legal claims against the company. Counsel have not yet appeared for the defendant. The case is 1:22-cv-10987, eShares Inc. v. Talton." reply
What could he possibly leak or what would he gain from it?
Can you elaborate on the "unless you hate women" part? Is it related to what he leaked?
He sent women offensive, misogynistic messages and pornography, as alleged in the lawsuit. Possibly using company devices
The summary I saw said he sent āprivate and confidentialā into
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At least Henry ward gave yāall notice heāll do layoffs in advance. Would you rather wake up on a Wednesday realizing youāre jobless ?
Details on why the CTO was fired?
Leaked company secrets