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Title: Tech giants increase offer to $415 million to settle no-poaching case Post by: HCK on January 17, 2015, 09:00:17 am Tech giants increase offer to $415 million to settle no-poaching case
<article> <section class="page"> <p> Hoping to avoid a potentially embarrassing trial, Google, Apple, Intel and Adobe have increased their offer to $415 million to settle a lawsuit that accuses them of cutting secret deals not to hire each other’s workers.</p><p> The offer comes after Judge Lucy Koh, of the District Court in San Jose, California, rejected a previous settlement offer of $324.5 million as being too low (http://www.pcworld.com/article/2463320/judge-says-settlement-is-too-low-in-silicon-valley-hiring-case.html).</p><p> The “no-hire” agreements allegedly drove down wages for engineers and other tech workers and restricted their ability to move between jobs. Some 64,000 workers are represented in the class action suit.</p><p class="jumpTag"><a href="/article/2871452/tech-giants-increase-offer-to-415-million-to-settle-nopoaching-case.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article> Source: Tech giants increase offer to $415 million to settle no-poaching case (http://www.macworld.com/article/2871452/tech-giants-increase-offer-to-415-million-to-settle-nopoaching-case.html#tk.rss_all) |