the.com/corporate poaching
hiring costs money, but stealing your rival's best people costs them twice as much.
means recruiting employees away from a competitor, usually with a fat raise, to weaken them while strengthening you.
from the term rides on hunting slang, poaching game from someone else's land, applied to business by the 1970s as headhunting turned aggressive and personal.
legal statusmostly legal unless contracts or trade secrets are broken
noncompetesbanned in california since forever, boosting silicon valley
secret pacttech giants once agreed not to poach, got sued for it
turnaround tacticwhole teams sometimes jump together, called a lift-out
for instance
apple google adobe pact — 2005-2009 secret no-poach deal cost them 415 million in 2015 settlement
uber waymo lawsuit — 2017 case over anthony levandowski taking self-driving trade secrets
netflix vs disney — disney sued netflix in 2016 for poaching a key exec
elon musk twitter hires — 2022 mass hiring from tesla and spacex teams after acquisition