The chief executive of a major digital bank has issued a stern warning to staff after an executive was dismissed for allegedly staging a 'mock act of terrorism' during the company's Christmas party. The incident reportedly involved a junior colleague wearing a towel as a headdress and making gun gestures at the executive, who posed as a hostage. The photo, taken at a Sydney venue, left several employees feeling uncomfortable, with some choosing to leave the event.

Following the incident, the chief executive emphasized the importance of upholding the company's code of conduct and maintaining professional standards, stating that consequences apply to everyone without exception. The company confirmed the executive's departure and assured staff that the matter was investigated thoroughly and addressed swiftly.

Legal experts have noted that inappropriate behavior at work functions is a common issue during the holiday season, often exacerbated by alcohol or drugs, and reminded employers of their duty of care at such events.