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View Diary: No, Silicon Valley, you do not get a pass (98 comments)

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  •  No, there is more to it than that. (2+ / 0-)
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    The Termite, AnnCetera

    There is one particular email that has been published where Eric Schmidt (Google) is describing a conversation with Meg Whitman (eBay) wherein she complains (as paraphrased by Schmidt):

    Google is the talk of the valley [Silicon Valley] because they are driving up salaries across the board
    According to Whitman, execs at Yahoo and Microsoft were also up in arms over this ‘problem’ and would retaliate against Google if the tables ever turned. So, we know from documents disclosed during pre-trial discovery that constraining wages was not just an unfortunate side effect of a threatened legal war over non-competes. It was a primary topic of discussion between corporations at the C-level.

    I agree with you that, based on what has been disclosed publicly, it is not clear there was an explicit effort by certain tech companies to form a wage cartel. That said, there is more than enough there to lay out a pretty damning narrative.

    Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. - Groucho Marx

    by Joe Bob on Tue Apr 01, 2014 at 11:52:04 AM PDT

    [ Parent ]

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