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A logo of US company’s Meta is displayed during the Vivatech technology startups and innovation fair, at the Porte de Versailles exhibition center in Paris, on May 22, 2024.

Julien De Rosa | Afp | Getty Images

A former Meta staffer who was placed on a “Do Not Hire” list after he stalked and harassed one of the company’s employees found himself rehired by the tech giant after it gutted its talent and recruitment department, a lawsuit filed Tuesday says. 

The suit, filed in New York Supreme Court on behalf of Meta employee James Napoli, accuses the company of violating New York City’s human rights law and negligence for hiring the person back. It also accuses the company of retaliation after it allegedly sidelined Napoli and took him off big projects when he raised concerns that the person had been rehired.

“I had spoken to my employer about this … on numerous occasions and I was told that he would not be able to enter our offices, that he would not be hired again, and then like, all of a sudden, this guy is reaching out to me [on Meta’s internal messaging system],” Napoli, a marketing leader who works out of Meta’s New York City office, told CNBC in an interview. “I trusted that my employer would be able to keep me safe, right? Because stalkers and harassers are also workplace hazards. … And this isn’t just a hazard for me, this is a dangerous individual that was let back into the workplace.” 

The lawsuit comes after CEO Mark Zuckerberg announced in March 2023 that Meta would be reducing the size of its recruiting team as part of a larger strategy to cut 21,000 jobs, remove layers of middle management and operate more efficiently.

Although Wall Street has responded favorably to Meta’s cost-cutting plans, layoffs in the company’s customer service and trust and safety teams have made it harder for the social networking giant to respond to concerns from small businesses and influencers, as well as state and local election officials who use Facebook and Instagram, CNBC has previously reported.

In the aftermath of Meta’s cost-cutting efforts and ensuing layoffs, attorneys for Napoli say in the lawsuit that the company is relying “more heavily on hiring employees through outside contractors” and employs “far fewer recruiters to screen applicants,” which has negatively impacted their ability to properly catch red flags.

“Meta’s employment practices are apparently so chaotic, reckless, and ineffectual that the company fails to keep track of the most fundamental data point in its workplace – the dangerous people who pose a severe risk to Meta’s own employees,” the lawsuit, filed by attorneys Carrie Goldberg and Peter Romer-Friedman, states. “Yet Meta tells the public and public officials that the company has the ability to safeguard the personal data of billions of children and adults on their platforms.”

Meta has previously dealt with similar allegations that it’s employed workers who have engaged in stalking and related activity. For example, in 2018, the company said it fired a security engineer who allegedly used internal data to stalk women online.

Meta didn’t immediately respond to request for comment on the lawsuit filed Tuesday.

‘Do Not Hire’ list

The person accused of stalking Napoli, identified only by the initials “G.F.” in the complaint, was a member of Meta’s marketing team before he was laid off in November 2022 when the company cut 13% of its staff as part of a larger restructuring. 

Before the layoffs, G.F. and Napoli occasionally saw each other in meetings but were no more than “work acquaintances,” Napoli said. After G.F. lost his job, he reached out to Napoli for support and asked him to get a coffee. During that meeting, the accused stalker started making “disturbing” comments, the filing states. 

“[He] told me that he hears voices, God talks to him, and God had been talking to him about me since April of that year, and he sent me a list of documents that were his like journal entries over the months,” Napoli recalled.

Napoli “immediately” reported the incident to his manager and to HR, and says at first he was concerned for G.F.’s well-being. But over the next year, Napoli says, the situation escalated. 

G.F. began sending Napoli up to 30 messages a day, contacting his family members and referencing Napoli’s partner, friends and even his dog, Luigi, in messages. 

“I am being mind tortured with an A.I tech which I don’t know where it’s coming from and I am feeling like my love for you is being used for experiences I didn’t agree for, while I am being told by spirits that you and I are the two messengers,” G.F. wrote in one message to Napoli, according to the complaint. 

G.F. found out where Napoli lived and “personally delivered a large ream of disturbing writings and drawings” to the apartment, forcing Napoli and his partner to move, the lawsuit says. 

“It really felt like I was drowning for a long time because there was just nothing that I could do to escape. … It was really terrifying,” said Napoli. “I was worried about going out, I was worried about my dog, I was worried about my partner, because they were all mentioned by this person.” 

Napoli reported G.F. to the police and considered getting a restraining order, but under New York state law orders of protection are only available to people who have an intimate or familial relationship to their stalker, the lawsuit states. 

In September 2023, Napoli informed Meta that the stalking had increased “in both frequency and severity,” and the HR department assured him that G.F. was on the company’s “Do Not Hire” list and its “No Entry” list, which identifies people who shouldn’t be permitted into company buildings.

But just four months later, the company hired G.F. back to a contractor position after he apparently slipped through the cracks in the hiring process, the lawsuit says. Napoli learned his accused stalker was back at Meta when G.F.’s name popped up on Workplace, the company’s internal messaging system. Napoli says he received a message from G.F. stating that he’d been rehired and would be seeing him at meetings and events. 

“To have all of that come back after I was guaranteed that I would be kept safe, it was really harrowing,” said Napoli. “I immediately went to [HR]… they let me know that they were equally stunned. They didn’t have an answer as to how it happened, and they let me know that they would investigate.” 

Terminated again

For the next month, Napoli says he “lived in terror of interacting with G.F. at work” until Meta notified him that G.F. had been terminated. However, after G.F. lost his job a second time, his “stalking and harassment of Mr. Napoli significantly amplified and became more creative, sexually violent, and obsessive,” the lawsuit states.

As Napoli grappled with the continued stalking, he also faced what the lawsuit says was retaliation at Meta for complaining to his managers and to HR about the decision to rehire G.F.

Napoli had been tapped to lead an artificial intelligence marketing push at Meta, but says that in response to his complaints, those projects were taken away and he found himself sidelined with reduced responsibilities. 

In his complaint, Napoli is asking for damages but didn’t specify an amount. He also asked the court to enter judgements that would prohibit G.F. from being rehired at Meta and prohibit the company from “engaging in any further discriminatory or retaliatory acts” against Napoli. 

“I want to be able to do my job, and I want to be able to do my job without feeling like the shoe is going to drop,” said Napoli. “I am very passionate about my work, and I take a lot of pride in my work, and that is really all I want to be able to do.” 

Napoli said he decided to tell his story because he wants Meta to make reforms that would prevent something like this from happening again. 

“It doesn’t seem to me as though there are the right processes in place to stop this from happening to … me or to someone else,” said Napoli. “Everybody deserves a safe workplace.” 

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Firefly Aerospace shares jump 15% on strong revenues, boosted guidance

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Firefly Aerospace shares jump 15% on strong revenues, boosted guidance

Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025.

Michael Nagle | Bloomberg | Getty Images

Firefly Aerospace‘s stock surged 15% on Wednesday after the space technology company issued better-than-expected third-quarter results and lifted its guidance.

Revenues in the third quarter jumped nearly 38% to $30.8 million from $22.4 million in the year-ago period and nearly doubled from the previous quarter.

Firefly’s net loss totaled $140.4 million, or $1.50 per share. The company said net loss included costs tied to its IPO, foreign exchange and executive severance

The company also lifted its outlook for the year, saying it now expects revenues to range between $150 million and $158 million. That’s up from previous guidance in the range of $133 million and $145 million.

This is Firefly’s second quarterly report as a public company. Last quarter, shares slumped after it posted a bigger loss and lower revenues than analysts were expecting.

The Cedar Park, Texas, company went public on the Nasdaq in August during a period of heightened enthusiasm toward space technology. The U.S. government and NASA have leaned on more contracts with companies like Firefly and Elon Musk‘s SpaceX to support moon missions.

But shares of Firefly have lost 70% of their value since their opening day close, and the company’s market capitalization has plummeted from about $8.5 billion to about $2.7 billion on Wednesday.

In September, Firefly shares sank after a rocket exploded during a ground test at the company’s Texas facility, days after receiving clearance from the Federal Aviation Administration over a separate incident. Firefly has since put “corrective measures” in place, the company said on Wednesday. Shares dropped 35% in September and are down 24% this month.

Firefly in July won a nearly $177 million contract with NASA for an upcoming moon mission, and in October, it announced its acquisition of defense tech firm SciTec to boost its national security portfolio.

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Cisco’s stock jumps on earnings beat, strong guidance and $1.3 billion in AI orders

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Cisco's stock jumps on earnings beat, strong guidance and .3 billion in AI orders

Chuck Robbins, Cisco CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025.

Gerry Miller | CNBC

Cisco reported better-than-expected profit and revenue for its fiscal first quarter on Wednesday. The stock rose more than 7% in extended trading.

Here’s how the company did in comparison with consensus estimates from LSEG:

  • Earnings per share: $1 adjusted vs. 98 cents expected
  • Revenue: $14.88 billion vs. $14.77 billion expected

Revenue increased 8% from $13.84 billion in the same period a year earlier, Cisco said in a statement. Net income climbed to $2.86 billion, or 72 cents per share, from $2.71 billion, or 68 cents per share, a year ago.

It’s the fourth straight quarter of growth for Cisco following a stretch of four consecutive year-over-year revenue declines, as the company contended with economic uncertainty and delayed spending from government agencies.

Cisco’s networking business, its biggest unit, saw sales climb 15% to $7.77 billion. Analysts were expecting revenue for that segment of $7.47 billion, according to StreetAccount.

Most of the growth in data center spending is focused on artificial intelligence, as companies bolster their investments in servers packed with graphics processing units, primarily from Nvidia. Cisco is trying to tie itself more closely to the AI boom, and last month introduced a new Ethernet switch based on Nvidia silicon.

Cisco said that AI infrastructure orders from “hyperscaler customers” reached $1.3 billion, “reflecting a significant acceleration in growth.”

“Our relevance in AI continues to build,” CFO Mark Patterson said in the press release. “We have a multi-year, multi-billion-dollar campus refresh opportunity starting to ramp, with strong demand for our refreshed networking products.” 

For the fiscal second quarter, Cisco said it expects revenue of $15 billion to $15.2 billion, topping the $14.6 billion average estimate, according to LSEG. Adjusted earnings will be $1.01 to $1.03 per share, exceeding the 99-cent average estimate.

Revenue for the full fiscal year will be between $60.2 billion and $61 billion, with earnings per share of $4.08 to $4.14, Cisco said. Analysts expect sales of $59.7 billion and EPS of $4.04.

While networking is growing and performing better than expected, Cisco’s other two main segments saw revenue declines and missed Wall Street’s expectations.

Sales in the company’s security unit fell 2% from a year earlier to $1.98 billion, missing the average estimate of $2.16 billion, according to StreetAccount. And collaboration sales slipped 3% to $1.06 billion, trailing the $1.09 billion average estimate.

Cisco shares are up 25% this year as of Wednesday’s close, topping the 21% gain for the Nasdaq.

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Defense startup Govini founder Eric Gillespie charged in child sex sting

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Defense startup Govini founder Eric Gillespie charged in child sex sting

Mug shot of Eric Gillespie, Govini Founder and Chairman.

Courtesy: Pennsylvania Attorney General

The founder of Virginia-based defense startup Govini was arrested on charges of attempting to solicit a pre-teen girl for sexual contact in Pennsylvania, authorities said Monday.

The founder, Eric Gillespie, 57, was charged with four felonies, including multiple counts of unlawful contact with a minor, according to the Pennsylvania Attorney General’s Office.

Gillespie, who lives in Pittsburgh, was denied bail by the judge, citing flight risk and concerns over public safety.

His company has a $900-million U.S. government contract and multiple deals with the Defense Department.

Govini, which last month announced it had passed $100 million in annual recurring revenue and is considered a prominent “unicorn” in the defense technology space, is a key partner in the U.S. Army’s Next Generation Command Control program.

Pentagon officials told CNBC they are looking into the arrest and possible security issues.

Gillespie lists himself as executive chairman of the company on his LinkedIn page.

Gillespie was considered an expert in transparency in government and was appointed to the Freedom of Information Act Advisory Committee by the Obama Administration in 2014.

The White House has referred all security clearance questions to the Department of Defense.

An agent posed as an adult on an online chat platform that the AG’s office said was often utilized by offenders who try to arrange meetings with children, and engaged in a conversation with Gillespie.

The AG’s office said Gillespie then made attempts to arrange a meeting with who he believed was a pre-teenage girl in Lebanon County, which is located near Hershey, Pennsylvania. Gillespie also alluded to methods he used to contact children, and other evidence was found.

Govini did not immediately respond to a request for comment.

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The state attorney general’s office would not comment on questions about electronic devices seized during the sting. The AG’s office is asking the public to come forward with any other information on the case.

Govini, along with Anduril Industries, Palantir, Striveworks, Instant Connect Enterprise, Research Innovations, Inc., Microsoft and Lockheed Martin are also a part of the $99.6 million U.S. Army’s Next Generation Command and Control program.

NGC2 is a program for the U.S. Army to transform command and control operations by ensuring commanders have access to critical real-time data and infrastructure in areas where communications may be disrupted.

According to the company, Govini’s suite of AI-enabled applications is used by every department of the U.S. military and other federal agencies. The access to sensitive information is vast.

The software analyzes supply chains and critical details of companies being considered by the U.S. government for acquisition, enabling the U.S. military to make informed decisions.

In a recent Bain Capital press release announcing a $150m investment of Govini, Scott Kirk, Partner at Bain Capital Tech Opportunities, said, “We’re thrilled to support Govini’s next phase of growth as it continues to revolutionize how the U.S. government acquires and deploys the capabilities that keep us safe.”

Bain has not responded to CNBC’s multiple emails for comment.

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