> If all the big companies just move each other's employees around, nobody benefits. 1) Big companies 'move employees around' 2) Industry salaries increase as

> If all the big companies just move each other's employees around, nobody benefits. 1) Big companies 'move employees around' 2) Industry salaries increase as a result 3) Supply of engineers increases as result of increased demand signaled by the higher salaries 4) Everybody benefits from influx of new talent The 'new talent' is going to come regardless. It's the salaries in the industry that determine the quantity and quality of those new entrants over the long term.