RTX to Settle Engineers' No-Poach Class Action for $34M.
RTX (Raytheon Technologies) has agreed to pay $34 million to settle a class-action lawsuit alleging that the company and other tech firms engaged in unlawful no-poach agreements, restricting employees' job mobility. The lawsuit, filed by engineers, accused RTX of participating in a scheme to limit recruitment between companies, thereby suppressing wages and job opportunities. By settling, RTX avoids a lengthy trial but does not admit any wrongdoing.
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The settlement will provide compensation to affected workers. The case is part of broader scrutiny over similar agreements in the tech and defense industries, aimed at promoting fairer labor practices.