{"id":12305,"date":"2014-01-24T22:47:16","date_gmt":"2014-01-25T04:47:16","guid":{"rendered":"http:\/\/bucktownbell.com\/?p=12305"},"modified":"2014-01-24T22:47:16","modified_gmt":"2014-01-25T04:47:16","slug":"how-silicon-valleys-most-celebrated-ceos-conspired-to-drive-down-100000-tech-engineers-wages","status":"publish","type":"post","link":"http:\/\/bucktownbell.com\/?p=12305","title":{"rendered":"How Silicon Valley\u2019s most celebrated CEOs conspired to drive down 100,000 tech engineers\u2019 wages"},"content":{"rendered":"<blockquote><p>These secret conversations and agreements between some of the biggest names in Silicon Valley were first exposed in a Department of Justice antitrust <a class=\"external\" href=\"http:\/\/www.justice.gov\/opa\/pr\/2010\/September\/10-at-1076.html\" target=\"_blank\">investigation<\/a> launched by the Obama Administration in 2010. That DOJ suit became the basis of a <a class=\"external\" href=\"http:\/\/www.mercurynews.com\/business\/ci_24916714\/silicon-valley-poaching-case-draws-closer-trial\" target=\"_blank\">class action lawsuit<\/a> filed on behalf of over 100,000 tech employees whose wages were artificially lowered \u2014 an <a class=\"external\" href=\"http:\/\/thevarguy.com\/computer-technology-hardware-solutions-and-news\/011614\/silicon-valley-workers-ok-d-class-action-lawsuit-aga\" target=\"_blank\">estimated $9 billion<\/a> effectively stolen by the high-flying companies from their workers to pad company earnings \u2014 in the second half of the 2000s. Last week, the 9th Circuit Court of Appeals denied attempts by Apple, Google, Intel, and Adobe to have the lawsuit tossed, and gave final approval for the class action suit to go forward. A jury trial date has been set for May 27 in San Jose, before US District Court judge Lucy Koh, who presided over the Samsung-Apple patent suit..<\/p><\/blockquote>\n<p>via <a href=\"http:\/\/pando.com\/2014\/01\/23\/the-techtopus-how-silicon-valleys-most-celebrated-ceos-conspired-to-drive-down-100000-tech-engineers-wages\/\">The Techtopus: How Silicon Valley\u2019s most celebrated CEOs conspired to drive down 100,000 tech engineers\u2019 wages | PandoDaily<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>These secret conversations and agreements between some of the biggest names in Silicon Valley were first exposed in a Department of Justice antitrust investigation launched by the Obama Administration in 2010. That DOJ suit became the basis of a class &hellip; <a href=\"http:\/\/bucktownbell.com\/?p=12305\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-12305","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/12305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12305"}],"version-history":[{"count":2,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/12305\/revisions"}],"predecessor-version":[{"id":12310,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/12305\/revisions\/12310"}],"wp:attachment":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12305"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}