The memo encourages companies to withdraw legal support from employees accused by the federal government of crimes, lest they be considered "uncooperative" and face further punitive measures from Uncle Sam themselves. If you believe the government is wrongly prosecuting your employees, in other words, you'll pay a price if you fight back.
This is very concerning. We don't want the government to be an adversary of business, yet this would be a major step in that direction, as government would be exercising its sizable power against all resisters.
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