Watching an acquirer ruin your company

Re:Watching an acquirer ruin your company by brigandish on Sunday July 03, 2022 @01:57AM (#31965445)

> setting up a hiring cartel to depress our wages

I missed this, any details?

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Re:Watching an acquirer ruin your company by toyg on Sunday July 03, 2022 @09:03AM (#31967398)

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.

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Re:Watching an acquirer ruin your company by metadat on Sunday July 03, 2022 @02:18AM (#31965538)

IIRC, Apple and Google (Steve Jobs and whoever from Google, Larry Paige probably) did it circa 2008. Douchebaggerymaximus.

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Re:Watching an acquirer ruin your company by numpad0 on Sunday July 03, 2022 @02:37AM (#31965609)

Yeah, the ad-run Internet allowed ideas to be capitalized easier, and it also made memetic - not even novelty - value dominate over everything. That resulted in manager-sales role capture entirety of credits. That had been great for some temporarily embarrassed millionaires, I guess, but it sucks for the rest.

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Re:Watching an acquirer ruin your company by ansmithz42 on Sunday July 03, 2022 @04:47AM (#31966185)

I received a settlement from the case because I worked at Intuit, also a party to the cartel.

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Re:Watching an acquirer ruin your company by quest88 on Sunday July 03, 2022 @02:19AM (#31965545)

Google apple suppress wages.

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