10 ms·
Apple got burned bad the last time they were caught organizing a wage fixing cartel: https://www.latimes.com/business/technology/la-fi-tn-tech-jobs-settlement-
by pydry 4y ago
Apple got burned bad the last time they were caught organizing a wage fixing cartel:
https://www.latimes.com/business/technology/la-fi-tn-tech-jobs-settlement-20150903-story.html https://www.latimes.com/business/technology/la-fi-tn-tech-jo...
It's different this time around though, because economy. The tech layoffs started at the least profitable companies with the weakest balance sheets first (Google, Microsoft), and besides the whole economy is doing massive layoffs because of the recession and high interest rates: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-jobs-february-3-2023 https://www.nar.realtor/blogs/economists-outlook/instant-rea...
- lapcat 4y ago> the whole economy is doing massive layoffs because of the recession "U.S. reports blowout job growth; unemployment lowest since 1969" https://www.reuters.com/world/us/us-job-growth-accelerates-january-wage-gains-moderate-2023-02-03/ https://www.reuters.com/world/us/us-job-growth-accelerates-j...
- pydry 4y agoI probably should have added /s :)
- pinewurst 4y agoRead “they” as “Steve Jobs personally”.
- ineedasername 4y ago>and besides the whole economy is doing massive layoffs Although last week the US announced an unexpectedly strong jobs report, roughly 80% higher jobs growth than expected. (180,000 projected, 300,000 actual iirc).