expect consequences when you get caught talking shit.
Sure, to a point.
Ever wonder why they never fire the bigot before they go public? The bigots I've met in life have really sucked at keeping their mask on, do you really think their employers (and fellow employees) were oblivious? Or was it only when there was publicity involved and the company feared for their own reputation, rather than the safety of their other employees, that they do something about it?
Yet if you tweet "my boss sucks", it probably won't go viral or get any publicity, but your employer can just as easily fire you for "talking shit" that literally didn't cause harm to anyone.
You specified:
If you found your friend talking shit about you
Meaning if the company found you talking shit about it, and the fact that you think your employer can and should have that level of control over your thoughts and actions is actually terrifying.