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Lead by Steve Jobs, Silicon Valley CEOs conspired to surpress engineers' wages

Oneflower (7827) writes | about 9 months ago

0

Oneflower (7827) writes "In a widespread conspiracy, the CEOs of Apple, Google, Intel, Adobe, Intuit, and Pixar secretly agreed to surpress the wages of their tech staff reports Mark Ames at Pando. The DoJ accuses that

Between approximately 2005 and 2009, Defendants Adobe, Apple, Google, Intel, Intuit, Lucasfilm, and Pixar allegedly engaged in an “overarching conspiracy” to eliminate competition among Defendants for skilled labor. The conspiracy consisted of an interconnected web of express bilateral agreements among Defendants to abstain from actively soliciting each other’s employees.Plaintiffs allege that each agreement involved a company under the control of Steve Jobs (Co-Founder, Former Chairman, and Former CEO of Apple) and/or a company that shared at least one director with Apple’s Board of Directors.

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