2 ms·
https://www.cbsnews.com/sanfrancisco/news/60000-tech-workers-to-average-4000-in-settlement-of-silicon-valley-hiring-lawsuit-antitrust-cartel-apple-google-intel-
by toyg 4y ago
https://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.