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A case largely built on emails among top executives, including Steve Jobs and former Google CEO Eric Schmidt, seems to have reached a settlement.
Four major technology companies, including Apple and Google, have agreed to settle a large antitrust lawsuit over no-hire agreements in Silicon Valley. The suit began after technology workers filed a class action lawsuit against Apple, Google, Intel and Adobe Systems back in 2011. Workers alleged that the companies conspired not to poach each other’s employees in order to avert any potential salary wars. The trial was set to begin at the end of this month on behalf of approximately 60,000 employees.
While the companies did admit that there were no-hire agreements, they disputed the allegation that there was some sort of conspiracy to drive down wages. The case was based on a series of emails about very explicit incidents. For example, after an instance where a Google recruiter solicited an Apple employee, Schmidt emailed Jobs and said that the recruiter would be fired. An email was then forwarded to a top Apple human resources executive with a smiley face emoticon.
Terms of the deal made between the technology juggernauts and the 60,000 employees have not been disclosed at this time.