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ARTICLE · 17 DECEMBER 2018

Unicorns Under Pressure

Employment-related claims for private tech companies likely to rise in 2019.

United StatesEmployment and HR

Employment-related claims for private tech companies likely to rise in 2019.

2018 was another challenging year of legal and regulatory scrutiny for technology companies, especially the fastest-growing tech companies, or Unicorns, valued at over $1 billion. We saw once again that founders and technologists might take on the persona of superhero or celebrity CEOs, but they are not always the best leaders.

This was magnified by incidents of harassment that are often fostered by a protective, and sometimes reckless culture. Google recently revealed the firing of 48 employees for sexual harassment during the past two years, a disclosure that came shortly after reports that it protected some male executives facing sexual misconduct allegations and offered them large sums to leave the company.

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