Tata Consultancy Services chief operating officer N Ganapathy Subramaniam labelled moonlighting as an ethical issue and said the company will seek to create an employee culture that views extra gigs as producing short term gain for long term pain.
Sure is totally unethical. Unless you are paying me for 168 hours a week, you don't get to say what I do with the remaining 128 hours of each week. (Have you ever noticed that these CEO's are always on a bunch of boards etc themselves?)
Had a company get a new (septic) CFO and try to come the raw prawn with the old "all your time blong us". Backed off pretty fast when I got a labour lawyer to draught a letter suggesting 16 hours a week back pay for six years, with compounding interest.
Like non compete clauses, this is just BS they demand, but will never pay a bean for when push comes to shove.