“A class-action lawsuit from tech sector employees against employers including Apple and Google seeks some $9 billion in lost wages — an astronomical sum that the complainants could ultimately receive, some believe, thanks to a mountain of evidence appearing to implicate Silicon Valley employers in an alleged no-hire cartel,” Neil Hughes reports for AppleInsider.
“About 100,000 employees are involved in the lawsuit, seeking a payment of about $90,000 per person — a payment The New York Times characterized this week as a ‘blindingly high number,'” Hughes reports. “But the employees are apparently confident in seeking $9 billion because the evidence against employers, who are accused of agreeing to anti-poaching agreements that may have been anticompetitive, and thus may have kept down employee wages.”
“As the class-action lawsuit progresses, strong evidence has emerged revealing that Apple, Google and others privately agreed to not recruit one another’s employees,” Hughes reports. “Late Apple co-founder Steve Jobs himself placed a call to Google’s Sergey Brin in which he threatened ‘war’ over recruitment efforts from the rival company.”
Read more in the full article here.
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