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Silicon Valley Anti-Poaching Cartel Went Beyond a Few Tech Firms 137

Posted by timothy
from the say-clancy-why-don't-you-drop-by-the-club dept.
The gentleman's agreement that several Silicon Valley firms are now widely known to have taken part in to minimize employee poaching within their own circles went much further than has been generally reported, according to a report at PandoDaily. The article lists many other companies besides the handful that have been previously named as taking part in the scheme to prevent recruiting, and gives some insight into what kind of (even non-tech) organizations and practices are involved.
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Silicon Valley Anti-Poaching Cartel Went Beyond a Few Tech Firms

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  • by Herkum01 (592704) on Sunday March 23, 2014 @03:57PM (#46558783)

    So, can look forward to anyone doing jail time? That is the really the only way this will stop. That or directly start suing the individuals who implemented the policies and make them pay. After that I am willing to bet once a few executives lose their hard won millions will be a little gun shy about conspiring to do anything.

    Actually the more I think about it, the best way to reign these practices in is directly suing individuals. Once they can no longer hide behind the corporate veil, the less inclined they will be collude together.

  • by Anonymous Coward on Sunday March 23, 2014 @04:05PM (#46558823)

    Ah, yes, the "no true capitalism" defense. The final and greatest argument Randroids resort to when faced with the reality of their idiotic beliefs.

  • by tomhath (637240) on Sunday March 23, 2014 @04:19PM (#46558907)

    The article mixes two things:

    Collusion between the companies to not recruit from each other, which is apparently illegal (since the DOJ stepped in).

    No solicit agreement with employees. That's part of a contract, I'll hire you but you have to agree that you won't refer my other employees to the headhunter who placed you. That's pretty standard and presumably is legal.

  • by Anonymous Coward on Sunday March 23, 2014 @04:24PM (#46558943)

    Not in California it isn't, same with non completes. Edwards decision killed non-solicits. You want capitalism then have captialism and make sure you pay your employees well.

  • Re:is it illegal? (Score:5, Insightful)

    by mikael (484) on Sunday March 23, 2014 @04:25PM (#46558947)

    Making employees sign Non-Compete Agreements are illegal in California. But by preventing employees from moving around freely, that could have restricted them from getting pay rises and consequently depriving the state and federal government from getting income taxes.

  • by geek (5680) on Sunday March 23, 2014 @05:18PM (#46559217) Homepage

    The executives essentially formed their own union. The gentlemen's agreement (which is anything but. A crony capitalists agreement is a better name for it) is simply their by-laws.

    To counter this, every tech worker in the entire valley should form their own union and stick it to the fucking executives for a change. I moved from the valley 15 years ago because of shit like this. I'll never return but would love to see these mother fuckers get what is coming to them.

  • by x0ra (1249540) on Sunday March 23, 2014 @05:19PM (#46559223)
    How is that not capitalism ? Capitalism is free market, all the player are free to interact as they please, might it be by competing or by cooperating. By your same logic, the whole open-source community should be forbidden by law to cooperate.
  • Capitalism is whatever rehtorically useful construct I define it to be. For example, today, capitalism is a system for distracting me from my overloaded inbox to post on Slashdot. Capitalism is the oppressive system that prevents me from sleeping in on the weekends.

    What's your Capitalism today?

  • by x0ra (1249540) on Sunday March 23, 2014 @05:34PM (#46559317)
    it would include people who would make these law, so it will never happen. Let's face it, a sheep will always complain about the wolves, but it will always remain a sheep...
  • List of Companies (Score:4, Insightful)

    by bill_mcgonigle (4333) * on Sunday March 23, 2014 @09:33PM (#46560701) Homepage Journal

    which the TFS failed to include, as contacted by the publisher:

    Best Buy
    CDI Business Solutions
    Clear Channel
    Illumita Inc.
    Mac Zone
    PC Connection
    PC Mall
    Sun Microsystems
    Virgin Media

    It would be interesting to see the connectedness of the Boards of Directors graph for the set.

"There is nothing new under the sun, but there are lots of old things we don't know yet." -Ambrose Bierce