Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (770453)	2/21/2014 2:32:54 AM
From: bentway	Read Replies (2) of 1578261

Silicon Valley billionaires Steve Jobs, Eric Schmidt and others pushing low wages for people who work for them. Speaking of Silicon Valley billionaires…did you think billionaires were in favor of “free markets” and such? Well, it turns out not so much. In one (more) example of billionaires rigging the free market for their own gain, a lawsuit alleges that the top executives of Apple, Google, Intel, LucasFilm, Pixar, Adobe and others conspired to set up a scheme to drive down the pay of executives, engineers and others. The class-action lawsuit was filed on behalf of more than 100,000 employees and claims that around $9 billion was stolen from these employees in the 2000s. eBay and Intuit are involved in a similar suit. See Pando’s The Techtopus: How Silicon Valley’s most celebrated CEOs conspired to drive down 100,000 tech engineers’ wages.

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