"The Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation." https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes
Follow
@estherschindler Considering that this rule means that all existing noncompetes will be non-enforceable, that is quite the disruption!
According to the article, NDAs are still enforceable, so that causes a weird mix of factors.
I mean, I think this move is an important step for the valuing employees over institutions, but it doesn't fix everything.