It might still happen either because it's well concealed. Or it might happen at smaller or poorly managed companies. But at the typical functional, large corporation, egregious abuse of your subordinates essentially guarantees that you'll be terminated if/when it's brought to senior management's attention.
Academia is different because tenured professors are given far more independence and autonomy. By contrast middle managers are tightly monitored and controlled by their own line managers. The typical large corporation strives very hard to promulgate a homogenous corporate culture across the org. Whereas academia as a system encourages professors to be fiercely independent maverick. That has both pros and cons, but one of the major cons is that it tolerates a lot more abuse and dysfunctional management towards the non-tenured subordinates.
But I have currently no reason to expect better from industry, and will want some proof before putting it on a pedestal.
If you abuse a poor grad student who has to complete research to pay back his loans which cannot be discharged through bankruptcy, he will generally put up with it.
There are fewer suicides at FoxConn than would be expected given the age profile and number of their employees. If you employ hundreds of thousands of people some of them will kill themselves for reasons entirely unrelated from work. If they live in work dormitories they’ll do it at work.
That we have heard about it, implies a degree of scrutiny.
When Google fires an AI researcher in a sensitive position, it's an international event.
If Exxon executives committed suicide in the face of some kind of forced fraud/corruption, it would be a national story.
The part I don't understand is how extorting the students to fund bloated Administrative processes, sport teams, stadiums, and executive staff ever became a thing, nevermind the incestuous relationship with academic publishing. Almost all great work I've seen came not out of gnashing of teeth and publish or perish, but out of a labor of love or an odd obsession with truly understanding something until you could practically get it across to a 5th grader.
"I can explain how, don't ask me why too many times, still figuring that part out."
The media is just a crazy sideshow that cherry picks a tiny subset of stories to run or people to destroy when it fits the right narratives. When it comes to real scrutiny, I'd say faculty are under vastly more than people in industry. Though yes, google as an entire entity will analyzed more than some random professor. But the rank-and-file professor is also probably in far more constant danger of being ruined than almost any individual in a comparable role in industry. Also more than most businesses that no one cares about.
While it's true that Profs may be under excessive scrutiny in some ways, which frankly might make them skittish - they are obviously not under 'the most important' kind of scrutiny which relates to the material legitimacy of their work in terms of 1) reproducability 2) fudging results and borrowing ideas and 3) misappropriation of credit 'up the chain of power' and 'from other peers'.
Hence this article, and some other issues of legitimacy within academia.
I think almost everything boils down to the fact that the low-hanging fruit have been had in science, and though there are 20x more scientists alive now than just a few generations ago, in many ways we're getting diminishing marginal returns - and even worse - it's incredibly hard to know which teams to back, and which not to.
In the fog of war for funding, it leaves more room for back-stabbing than in most other places, even in the corporate world where at least there is some degree of job security.