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No-Poaching Collusion: Tech Giants’ Wage Suppression Scandal

In the 2000s, major companies like Google, Apple, Adobe, and Intel, along with other corporate Giants, conspired to avoid poaching each other’s employees in an effort to suppress wages. This Collusion ultimately resulted in a $400 million class-action lawsuit. This illegal practice, known as a “no-poaching” or “anti-poaching” agreement, stifled employee mobility and salary growth […]



This post first appeared on Crazy Facts – Collection Of Insane And Fun Facts, please read the originial post: here

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No-Poaching Collusion: Tech Giants’ Wage Suppression Scandal

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