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Judge Denies Class Action Status In Tech Workers' Lawsuit
We've mentioned a few times the "gentleman's agreements" which some of the biggest names in Silicon Valley used to reduce the risk of employee poaching. walterbyrd writes "This comes from the same judge who awarded Apple $1 billion from Samsung. 'A federal judge on Friday struck down an effort to form a class action lawsuit to go after Apple, Google and five other technology companies for allegedly forming an illegal cartel to tamp down workers' wages and prevent the loss of their best engineers during a multiyear conspiracy broken up by government regulators.'" The lawsuit itself is ongoing (thanks to a ruling last year by the same judge); it's just that the plaintiff's claims cannot be combined.
We all know what happens when prices go up without bound. Think about it. Programmers jumping around from job to job while their salaries keep soaring. Eventually they're asking for so much money that companies decide to just not hire them. Bring in more H1-B's, Salaries plummet, and in the end we all lose... I think it's best to keep control and prevent an 'engineers market flash crash'.