A German court has ruled that the dismissal of a tired bank employee who was about to transfer a huge amount by mistake was invalid.
Expensive nap
In 2012, a tired employee at a German bank fell asleep while performing a financial transaction, resting his finger on the computer key.
This small mistake led him to make a huge mistake of transferring 222,222,222.22 euros (about 222 million euros) instead of 64.20 euros.
Fortunately, an alert colleague discovered the huge mistake and stopped it before it was finalized.
Timely intervention prevented a huge financial loss for the bank.
However, the incident sparked a legal battle and exposed significant flaws in the bank's operational procedures.
Dismissal invalid
The supervisor who supervised the employee’s work dismissed the employee for failing to detect the mistake.
But a German state court later reversed this decision and ruled that the dismissal was unfair.
They also insisted that there was no evidence to suggest misconduct or gross negligence on the part of the employee.
The judges also said that an official warning would have been sufficient instead of dismissal.
The supervisor also admitted in court that the employee in question was under intense pressure to review hundreds of transactions every day, often with little time for a thorough review.
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