Six employees of a British payments firm were terminated following harassment charges related to a team-building trip to Cyprus.
Checkout.com, which was valued at £34 billion at the beginning of the year, launched an investigation within 24 hours after receiving complaints about employee conduct over the week-long holiday in May.
Consequently, the London-based corporation terminated the contracts of six members of its 120-member commercial staff. The nature of the complaints has not been disclosed in detail.
Checkout.com, which was valued at £34 billion at the beginning of the year, launched an investigation in May within twenty-four hours of receiving concerns.
We have a zero-tolerance policy for any conduct that is inconsistent with our core principles. Every complaint will be taken carefully and addressed, the company told Bloomberg.
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Since May, we’ve conducted obligatory in-person workplace culture training for the UK Commercial team, provided by an external provider, and produced a separate Harassment & Bullying Policy to bolster our existing structure.
Chief Revenue Officer Nick Worswick emailed employees in May to inform them that two employees were being let go due to concerns.
According to insiders, in the communication he stated that the company will not allow any form of harassment.
Checkout, which handles payments and provides fraud detection software to businesses such as Pizza Hut and Klarna, employs more than 1,700 people in 19 countries.
Guillaume Pousaz, a Swiss national who dropped out of college in 2005 when his father was diagnosed with cancer, created the company.
Checkout, which handles payments and provides fraud detection software to businesses such as Pizza Hut and Klarna, employs more than 1,700 people in 19 countries.
When he ran out of money after moving to California to surf, he found a job with a payments processing company.
In 2012, he founded Checkout, which at the beginning of 2013 became Britain’s most valuable fintech following a wave of investment from the Qatar Investment Authority and American investment company Tiger Global Management.
Concerns regarding cases of harassment at Checkout follow a slew of similar reports at City-based businesses.
In response, businesses are implementing stricter policies, such as assigning “sober supervisors” to keep employees in control.
Checkout has been approached by MailOnline for comment.