Thursday, December 13, 2012

Bonnie Kavoussi — Google, Apple Allegedly Conspired To Keep Wages Low: Lawsuit

Despite a heated rivalry, there's one thing Google and Apple allegedly worked together on: underpaying their workers.
Former employees of the companies filed a new complaint on Monday in an attempt to expand a lawsuit they filed last year into a class action case representing up to 100,000 technology workers. Much of the complaint was redacted for privacy reasons.
The lawsuit claims that Apple, Google, Intel, Intuit, Adobe, Lucasfilm and Pixar made "gentleman's agreements" to not recruit each other's employees between 2005 and 2009. By doing so, the lawsuit claims, these companies "artificially suppressed" wages in a rigid pay structure.
In addition, the suit alleges that former Apple CEO Steve Jobs, former Google CEO Eric Schmidt, and Intuit chairman Bill Campbell helped enforce recruiting bans. The lawsuit cites "CEO-to-CEO emails," do-not-call lists, and an analysis by UCLA economist Edward Leamer finding that the alleged poaching bans kept wages low.
The Huffington Post
Google, Apple Allegedly Conspired To Keep Wages Low: Lawsuit
Bonnie Kavoussi

1 comment:

Matt Franko said...

But wait these are the big "job creators" in the "new" economy right???

MFers! rsp,