Steve Jobs: A Little Collusion Never Hurt Anyone
For years, Apple CEO Steve Jobs had an agreement with competitors to not poach skilled workers from each other. Jobs even threatened Palm with a patent suit to enforce the secret no-hire pact. This hurt Silicon Valley workers trying to shop their skills on the open market and land a better job. Apparently, competition and ability to make more money is solely the province of the elite. In 2010, Google, Apple, Adobe, Intel, Intuit and Pixar agreed to a settlement stemming from a U.S. Justice Department probe into the no-hire practice.