Google had one-hour turnaround to counter Facebook’s offers to employees
It was Google's policy in November 2007 to counter offers to its employees from Facebook within an hour, according to e-mails released last week during the wage conspiracy case going on in California. Former Google CEO Eric Schmidt confirmed in the e-mails that the policy had been in existence for only 24 hours before it leaked outside of the executive management group.
In the lawsuit, Google, Apple, Intel, and Adobe were accused by current and former employees of agreeing not to poach each others' workers to avoid being played against one another to raise salaries. Both sides in the case agreed on a settlement of $324 million, but US District Judge Lucy Koh has yet to approve it. Koh posted the Google e-mails Friday after considering a motion from Google to seal them, according to the Wall Street Journal.