Computerworld April 25, 2024
The FTC ruled this week that companies can no longer use non-compete agreements to stop workers from moving from one job to another — and businesses are having fits.
Frankly, I didn’t think the Federal Trade Commission (FTC) had the guts to ban non-compete agreements that prevent many workers from joining rival companies. I was wrong. On Tuesday, by a 3-2 party-line vote, the agency’s Democratic majority decided to do just that.
Though they’ve long been called “agreements,” anyone who’s ever had to sign one knows that would-be employees seldom have any choice in the matter. You agree and get the job, or you don’t and stay on the unemployment line. And, oh,...
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