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by 6502nerdface 994 days ago
> Interesting to see how companies adapted to the changes in noncompete laws. What will be the next fallback position?

a friend of mine just left a quantitative hedge fund recently that, in anxious anticipation of noncompetes possibly being banned in new york, asked all of its employees to sign new "nonassociation agreements" as a fallback... these basically say you're not allowed to work with your current colleagues at future employers... which is arguably more draconian than a noncompete... it would be ironic if this became the replacement.

[edited for punctuation]

3 comments

If a non-compete isn't enforceable, how is it enforceable to control what two people, both of whom no longer have an employment contract with the old employer, do?
Please tell me they didn't actually sign that.
You can just say Square Point...
And here I was thinking that I wasn't the only one having trouble with iOS17's new autocorrect capitalization algorithm...