5 ms·
> Interesting to see how companies adapted to the changes in noncompete laws. What will be the next fallback position? a friend of mine just left a quantitativ
by 6502nerdface 3y ago
> Interesting to see how companies adapted to the changes in noncompete laws. What will be the next fallback position?
a friend of mine just left a quantitative hedge fund recently that, in anxious anticipation of noncompetes possibly being banned in new york, asked all of its employees to sign new "nonassociation agreements" as a fallback... these basically say you're not allowed to work with your current colleagues at future employers... which is arguably more draconian than a noncompete... it would be ironic if this became the replacement.
[edited for punctuation]
- londonReed 3y agoYou can just say Square Point...
- gnicholas 3y agoAnd here I was thinking that I wasn't the only one having trouble with iOS17's new autocorrect capitalization algorithm...
- matheusmoreira 3y agoPlease tell me they didn't actually sign that.
- adhesive_wombat 3y agoIf a non-compete isn't enforceable, how is it enforceable to control what two people, both of whom no longer have an employment contract with the old employer, do?