News for hackers. Stuff that matters.
Re:FTC announces rule banning noncompetes by bagels on Tuesday April 23, 2024 @05:30PM (#40137546)
I was denied a job I was well qualified for because, (paraphrased, besides the quoted part): Our CEO and your CEO have a "gentleman's agreement" not to hire people that work at eachother's company.

I have no idea why the recruiter was willing to put this in writing, and thankfully, I was able to find other work instead.

I know it's not a non-compete, but there are other ways that companies can illegally form cartels to suppress labor.

Re:FTC announces rule banning noncompetes by scheme271 on Tuesday April 23, 2024 @07:26PM (#40138568)
That got Google, Apple, Adobe and a few other companies in a lot of trouble because they all agreed not to recruit each other's employees.
Re:FTC announces rule banning noncompetes by bugglebeetle on Tuesday April 23, 2024 @08:55PM (#40139213)
It got them a slap on the wrist and a nothing fine for years of depressing wages. No one went to jail and the head of HR at Google during this period also got a book deal.
Re:FTC announces rule banning noncompetes by whaleofatw2022 on Tuesday April 23, 2024 @05:45PM (#40137710)
I saw this happen to a colleague in the fiber industry, it is very back room dealy.
Re:FTC announces rule banning noncompetes by adastra22 on Tuesday April 23, 2024 @10:03PM (#40139630)
> I have no idea why the recruiter was willing to put this in writing

You passed on a juicy class action lawsuit.

Re:FTC announces rule banning noncompetes by bagels on Wednesday April 24, 2024 @01:25AM (#40140900)
I'm not a lawyer, so I wouldn't make any money. I know it's a common refrain, but look at what happened with the Google & Apple class action. Those folks got less than $6,000 each for what must have been hundreds of thousands in damages each.

It's also career limiting to be the person that sued their employer. I didn't have any monetary damages, as I was able to find alternatives.

Re:FTC announces rule banning noncompetes by adastra22 on Wednesday April 24, 2024 @01:41AM (#40140990)
For the record, in this context your payout would come from the sweet, sweet pot of funds the lawyers divy up. And it'd be a lot more than your direct monetary damages as the lawsuit would likely impair your ability to later work in the industry.

The "class actions never make money for the plaintiffs" refrain is 99.8% true. The people who get a postcard mailer about their eligibility usually get shit. The 0.2% outlier are the people who put themselves at risk by providing the testimony that wins the case, and they're rewarded for it. And the blood-sucking lawyers of course.