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128 points taylorlunt | 1 comments | | HN request time: 0s | source
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nosefrog ◴[] No.44735342[source]
My first programming job in SF paid $60k/year 10 years ago. I'd like to thank big tech for driving salaries up.
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1. chubot ◴[] No.44735452[source]
Yeah I mean I have to thank Facebook, because I was at Google in 2011.

Anyone remember when Google raised the entire company's salary, maybe 30K or 60K people at that point, something like 20-25% all at once? Eric Schmidt and Laszlo Block got on stage and told the whole company how great we are, so they want to keep us

https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...

We learned later that was because Facebook didn't participate in the Steve Jobs-initiated cartel of Google-Apple-Pixar-Adobe-Intuit-LucasFilm-eBay

Eric and Laszlo of course made no mention of the collusion that turned out be illegal