Raytheon Technologies Agrees to $34 Million Settlement in Engineer No-Poach Lawsuit, Avoids Trial
Raytheon Technologies, a major player in the aerospace and defense sector, has agreed to a $34 million settlement in a class-action suit brought by engineers. These plaintiffs accused the company of engaging in "no-poach" agreements that restricted their job mobility and suppressed wages by limiting intercompany recruitment. The settlement, which Raytheon agreed to without admitting any wrongdoing, aims to compensate the affected employees and comes amidst growing scrutiny of similar practices across the technology and defense industries. The lawsuit claimed that Raytheon and other unnamed tech entities conspired to not hire each other’s employees, effectively … Read more