How did he singlehandedly cause loss
Who was his HOD?
But 3 is an actionable offences and if evidence is there, file a case for data theft and intellectual property rights
Consult a good lawyer
25th January 2019 From India, Pune
The post, in its entirety, seems to be an expression of inability and the frustration of the management.
The maximum punishment that could be awarded to a crime of a premeditated murder is death sentence.
In the realm of employment, the maximum punishment that could be given against any grave misconduct is dismissal.
Having incurred heavy losses by the negligent or irresponsible act of the employee and with a reasonable suspicion of theft of the company's vital data by the same employee, it is not believable how the employer simply accepted his resignation in violation of the notice conditions of the contract of employment. Why not the employer reject the resignation and Lodge a police complaint on data theft apart taking proper disciplinary action against the employee simultaneously?
25th January 2019 From India, Salem
The Management could have suspend the employee with immidiate effect with serve an explanation of notice: The employee left you gracefully before you could initiate any action for his alleged mis-conduct, which is well evident from your post.
That the emloyee is not in your company roll by now. If his emloyment has not been closed by now;
You can sent him a notice of absconding from job ask him to resume service within a time frame or other wise management can consider his sevice for termination. And a lawer notice with charge of stolen data, if you are desperate.
Irresponsible: Wait till to get reply from the employee to your letter of absconding & lawyer's notice
3) Data theft: :- You can lodge a police complaint. Provided, you have the proof of theft and use of the data by other company,. If the said "Data" of your company with copy right.
4) Dual employment: Too late for any action. You have to wait till to get reply from the employee to your notices
27th January 2019 From India, Mumbai