And which of these is a local community? I would argue that the local community, generally has far less power over individuals than their employers and therefore such restrictions are likely to be far less intrusive.
For example, if you are a salaried employee and your employer fires you for speech you make on, say, a political cause that goes against your employer's interests, that's quite possible and if that's ok, that is far more threatening IMO to free speech generally than allowing lawsuits in court over defamation. If it is solely an employer's prerogative, then this means it is something that the wealthy upper classes can hold unilaterally over everyone else, without any political constraints.