Google and Apple and a number of other silicon valley companies have agreed to settle a no poaching lawsuit for $415 million.
The companies involved in the lawsuit also included Intel and Adobe as well as Google and Apple, this is a revised amount that will be paid after a $324.5 million settlement was rejected last year.
Employees of the four companies sued their employers because of the alleged anti poaching agreements between the companies.
According to the lawsuit, by these companies agreeing not to poach each others staff, they were basically putting a cap on these employees salaries.
Source Apple Insider
Filed Under: Technology News