Of course paying higher salaries is a big part of it. Yes, they're also somewhat prestigious to some people and imagine there's at least some interesting work. But it's lot like they're chaining people to their desks or generally forcing people into unbreakable long-term employment contracts. In CA, there aren't even non-competes generally.
Most people at Google, to name one, are free to walk out the door tomorrow.
"In another e-mail exchange between two vice presidents at Google, the pair talk about ways to 'never get into bidding wars' on potential talent with Schmidt and longtime Apple board member Bill Campbell being copied in on it."
> But it's lot like they're chaining people to their desks or generally forcing people into unbreakable long-term employment contracts. In CA, there aren't even non-competes generally.
This wasn't contractual. This was direct anti-competitive conspiracy between top executives.
Ten years ago yes. Which has nothing to do with the upthread comment. It seems to specifically focus on disincenting them from doing startups
>The FAANGs, including Apple, have committed serious anti-trust violations especially their hoarding of talent during the 0% interest rate years to prevent them from starting competitors then freezing hiring and laying off en masse once the interest rates started rising.
> Ten years ago yes. Which has nothing to do with the upthread comment.
The upthread comment stated "hoarding of talent during the 0% interest rate years", which is 2008-2016.
I'd be pretty disincentivized to leave if I started getting the message that Jobs could personally get offers rescinded and recruiters fired at competitors as powerful as Google.
It also stated "They really should have to pay damages in the 6 to 7 figure range to each developer who's been looking for work in the mid 2022 to present tech recession that they caused via their monopoly power."
So I'm pretty sure it intended to refer to overhiring during the pandemic.
(People are often pretty loose when they use the ZIRP term.)
Most people at Google, to name one, are free to walk out the door tomorrow.