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posted by cmn32480 on Friday September 04 2015, @10:50AM   Printer-friendly
from the the-lawyers-got-how-much dept.

From The Register:

Apple, Google, Adobe, and Intel's $415m settlement with Silicon Valley techies over wage-fixing accusations has been formally approved by a judge.

On Thursday, Judge Lucy Koh, sitting in the northern district court of California, gave her approval [PDF] to a deal that will see the tech giants compensate workers for potential lost wages related to their illegal "no-poaching" pact.

[...] After paying off the lawyers, the money will be distributed among the 64,466 class-action members making up the plaintiffs in the case. Another 56 people opted out of the settlement, reserving their right to pursue individual cases.

Apple, Google, Adobe, and Intel were the four remaining holdouts in the case over a large-scale conspiracy by Silicon Valley firms not to poach each others' employees in an effort to slow escalating wages. The pacts were said to involve executives in the companies' highest ranks, including Apple co-founder and longtime CEO Steve Jobs.


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  • (Score: 2) by TheGratefulNet on Friday September 04 2015, @01:06PM

    by TheGratefulNet (659) on Friday September 04 2015, @01:06PM (#232228)

    the recruiters and companies do all they can to make you feel 'special' and special people are taught, over and over, that they should feel bad if they 'ask for help' and don't do things on their own. that's the heart of it.

    been there, done that, have the corp tee shirt to prove it.

    I felt very invinceable years ago. I always was well employed and had an easy time getting a great paying job. I didn't think we needed any kind of union, when I was 30 and younger. looking at my own life - at that time - I did NOT need any help, either! and so, I drew a false conclusion that this is how it was for all 'strong, talented' programmers.

    boy, was I wrong!

    years later, I saw the truth. the lies that companies tell to convince you NOT to organize. the tricks they play to keep your wages down or to limit how long you stay at the company for one reason or another.

    you think its ok to be told that the most they will now pay you is 60% of what you made TEN YEARS AGO? that's what I'm seeing right now.

    the reason the companies get away with it is that THEY are organized and we are not! its very simple to understand. not so simple to fix when kids are groomed to think that only the weak need collective bargaining.

    --
    "It is now safe to switch off your computer."
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  • (Score: 0) by Anonymous Coward on Friday September 04 2015, @01:31PM

    by Anonymous Coward on Friday September 04 2015, @01:31PM (#232234)

    Ok sounds good. When are you going to start it?

    • (Score: 2) by isostatic on Friday September 04 2015, @02:47PM

      by isostatic (365) on Friday September 04 2015, @02:47PM (#232261) Journal

      That's a big change on 15 years ago, this conversation went a different way entirely. The sign of a maturing industry and a wiser readership?