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By depressing tech wages, workers are forced out of big tech companies and into smaller companies with competitive salaries but fewer open positions.

Big companies complain they can't find enough workers with their relatively low wages, and lobby for more H1b worker visas, depressing wages even further as foreign workers cannot change companies easily without moving back to their native countries first.

I can totally imagine Steve Jobs writing that email over "no poaching" to the other big tech companies.



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