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Steve Jobs Threatened Palm To Stop Poaching Employees 270

Posted by Unknown Lamer
from the asymmetry-of-financial-resources dept.
An anonymous reader writes with more news about the no-poach agreements that seemed to plague tech companies. From the article: "Steve Jobs threatened patent litigation if Palm wouldn't agree to stop hiring Apple employees, says former Palm CEO Edward Colligan in a statement dated August 7th, 2012. The allegation is backed up by a trove of recently-released evidence that shows just how deeply Silicon Valley's no-hire agreements pervaded in the mid-2000s. Apple, Google, Intel, and others are the focus of a civil lawsuit into the 'gentleman's agreements,' in which affected employees are fighting for class action status and damages from resulting lost wages, potentially reaching into the hundreds of millions of dollars."
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Steve Jobs Threatened Palm To Stop Poaching Employees

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  • by Virtucon (127420) on Wednesday January 23, 2013 @10:05AM (#42668639)

    You didn't need to wait until after his death. There are plenty of people out there who knew this, ex-employees and partners all have spoken up.. Frankly, he fit the mold of every modern industrialist when it came to competition. It amazes me now how much people want to white wash him as some visionary and cult hero, he was just a ruthless entrepreneur who would walk over anybody to get what he wanted. Now it would be really great if the planet could get off his dried up nutsack.

    Here's some of his less famous exploits. [businessinsider.com]

  • by Anonymous Coward on Wednesday January 23, 2013 @10:08AM (#42668675)

    You can read more here, http://www.folklore.org

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