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How Silicon Valley CEOs Conspired To Suppress Engineers' Wages
Oneflower writes "As we discussed last week, a lawsuit is moving forward that alleges widespread conspiracy among the CEOs of Apple, Google, Intel, Adobe, Intuit, and Pixar to suppress the wages of their tech staff. Mark Ames at Pando explains how it happened, and showcases some of the emails involving Steve Jobs and other CEOs. Quoting: 'Shortly after sealing the pact with Google, Jobs strong-armed Adobe into joining after he complained to CEO Bruce Chizen that Adobe was recruiting Apple’s employees. Chizen sheepishly responded that he thought only a small class of employees were off-limits: "I thought we agreed not to recruit any senior level employees. I would propose we keep it that way. Open to discuss. It would be good to agree." Jobs responded by threatening war: "OK, I’ll tell our recruiters they are free to approach any Adobe employee who is not a Sr. Director or VP. Am I understanding your position correctly?" Adobe’s Chizen immediately backed down.'"
Can't hear the tea-baggers over the liberal communist cries about how everyone should be paid $50/hour irregardless of skill and how CEOs and Sports Stars should be imprisoned for working hard enough to earn the millions they do
It doesn't just happen in communist societies, but also in over-regulated societies as well. I only mentioned communism because I see the US moving in that direction rapidly.
So, when buyers agree — such as on various "review" sites — that a particular product or service is overpriced, it must be prosecuted?
Because that's what is happening here — Apple and other buyers of engineering labor are accused of illegal collusion...
The anti-trust laws, it always seemed to me, are supposed to target sellers, rather than buyers... Including sellers of labor — such as Trade Unions, whose officially stated goal is maintaining and raising the prices of what their members are selling.
In Soviet Washington the swamp drains you.