tl;dr wage suppression was behind it, with the pressure coming from wall street.
Since it was synchronized across all of tech this will likely mean that there is smoking gun evidence of illegal collusion lying around somewhere just like there was the last time this happened:
Since it was synchronized across all of tech this will likely mean that there is smoking gun evidence of illegal collusion lying around somewhere just like there was the last time this happened:
https://en.m.wikipedia.org/wiki/High-Tech_Employee_Antitrust...