4 ms·
> setting up a hiring cartel to depress our wages I missed this, any details?
by brigandish 4y ago
> setting up a hiring cartel to depress our wages
I missed this, any details?
- metadat 4y agoIIRC, Apple and Google (Steve Jobs and whoever from Google, Larry Paige probably) did it circa 2008. Douchebaggerymaximus.
- numpad0 4y agoYeah, the ad-run Internet allowed ideas to be capitalized easier, and it also made memetic - not even novelty - value dominate over everything. That resulted in manager-sales role capture entirety of credits. That had been great for some temporarily embarrassed millionaires, I guess, but it sucks for the rest.
- quest88 4y agoGoogle apple suppress wages.
- ansmithz42 4y agoI received a settlement from the case because I worked at Intuit, also a party to the cartel.
- toyg 4y agohttps://www.cbsnews.com/sanfrancisco/news/60000-tech-workers-to-average-4000-in-settlement-of-silicon-valley-hiring-lawsuit-antitrust-cartel-apple-google-intel-adobe-systems-steve-jobs-eric-schmidt-poaching/ https://www.cbsnews.com/sanfrancisco/news/60000-tech-workers... "former Apple CEO Steve Jobs, former Google CEO Eric Schmidt and top executives from [Intuit, Pixar and Lucasfilm] had reached "no-poaching" pacts prohibiting each other from trying to lure away each other's top workers with offers of higher-paying jobs." These were the ones for whom DoJ had enough "smoking gun" proof, but Jobs and Schmidt had a lot of friends elsewhere (Larry Ellison...), so the cartel was likely much bigger.