---
title: 🧑‍⚖️ FTC drops the hammer
description: All you need to know to stay ahead in the world of talent acquisition.
image: https://weekly.talivity.com/hubfs/Imported_Blog_Media/V2-2.png
---

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# 🧑‍⚖️ FTC drops the hammer

by [Admin](https://weekly.talivity.com/author/admin) on April 25, 2024

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👋 **Happy Thursday!** And happy (belated) **Earth** **Day**. In celebration of the holiday on Monday, **Wisconsin** **Governor** **Tony** **Evers** announced that his state [will plant 100 million trees](https://www.wpr.org/news/evers-earth-day-pledge-plant-100m-trees-2030?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer) by the end of 2030. How’s that for a green thumb?

At **RecruitmentMarketing.com**, we know our Earth Day strengths, and it’s not gardening. Instead, we’re hosting an [upcoming webinar](https://recruitmentmarketing.zoom.us/webinar/register/5617134485659/WN_WwWbVbVwTLOy3ktTfY2nKg?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer) on how talent pros like yourself can leverage sustainability to support your employer branding efforts. [Register today](https://recruitmentmarketing.zoom.us/webinar/register/5617134485659/WN_WwWbVbVwTLOy3ktTfY2nKg?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer) so we can all leave the planting to Tony. 🌲

Thoughts? Questions? Comments? Please [let us know](mailto:drew@recruitmentmarketing.com). We’d love to hear from you.

**— Team** **[RecruitmentMarketing.com](http://RecruitmentMarketing.com?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer)**✨

 

***Today’s edition is a 5-minute read. Here’s what to expect*****👇**

🗞️ *FTC bans non-competes*  
💰️ *New* *ILO climate report*  
📋 *Rippling announces Series F*  
💻 *Angi, Chime, hiring for TA roles*  
💼 *Layoffs at Nike*

*Did someone forward you this email?* *[Subscribe here](https://weekly.talivity.com/subscribe)*📥️

 

**NEWS**

## **One Thing You Should Know This Week** FTC Votes to Ban Non-Compete Agreements, Impacting 30 Million U.S. Workers

[![](https://weekly.talivity.com/hubfs/Imported_Blog_Media/V2-2.png)](https://recruitmentmarketing.com?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer)

On Tuesday, the **Federal Trade Commission** voted to ban non-compete agreements that prevent millions of employees from working for competitors or starting a competing business after leaving their roles.

**What’s the big deal?**  
Well, for starters, this impacts a lot of people: The FTC estimates that 18% of the U.S. workforce is covered by non-compete agreements. That’s about 30 million folks—slightly more people than the entire population of **Australia**. That’s a lot, mate.

**Non-competes for … making sandwiches?**   
We should keep in mind that non-competes aren’t just for business executives. In fact, existing non-competes for senior executives represent less than 1% of total contracts. Instead, they’re known to be particularly pernicious across low-wage jobs, especially at fast-food chains. A [survey](https://www.epi.org/publication/noncompete-agreements/?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer) by the **Economic Policy Institute** found roughly 30% of workplaces offering less than $17 per hour required non-competes in their employment contracts. Some of you may even remember the [infamously oppressive non-compete clause](https://www.huffpost.com/entry/jimmy-johns-non-compete_n_5978180?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer) in **Jimmy John’s** employment contract—targeting its sandwich makers—that made national headlines nearly a decade ago.

**“Unfree and unfair.”**  
In her remarks on the ruling this week, **FTC** Commissioner **Rebecca Slaughter** made clear that the move was designed, in part, to protect the class of workers struggling most under these restrictions. “It is so profoundly unfree and unfair for people to be stuck in jobs they want to leave, not because they lacked better alternatives, but because non-competes preclude another firm from fairly competing for their labor, requiring workers instead to leave their industries or their homes to make ends,” she said. America's largest labor group, the **AFL-CIO**, lauded the ruling [in a post](https://x.com/AFLCIO/status/1782849024208556191?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer) on **X**, saying non-compete agreements "trap workers from finding better jobs, drive down wages, and stifle competition."

**The economic impact.**  
Experts argue that the ruling would not only enhance competition but also raise wages (estimated at $300 billion in total increased earnings annually). And since non-competes also prevent individuals from launching new businesses, economists say the ruling will promote innovation, and encourage new business formation.

**The Chamber enters the ring.**  
On Tuesday, the **U.S. Chamber of Commerce**, the largest pro-business lobbying group in the country, has said it will sue to block the rule. Chamber President and CEO **Suzanne Clark** called the FTC vote an aggressive overreach that hurts U.S. businesses. “This decision sets a dangerous precedent for government micromanagement of business and can harm employers, workers, and our economy,” she said. “The Chamber will sue the FTC to block this unnecessary and unlawful rule and put other agencies on notice that such overreach will not go unchecked.”

📥️ Read more from [RecruitmentMarketing.com](https://www.recruitmentmarketing.com/ta-media/the-ftc-noncompete-ruling-news-you-need-to-know-before-your-next-hire/?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer)

 

**NUMBERS**

## **Numbers That’ll Make You Think**

- **2.4 billion** — The number of workers globally exposed to health hazards caused by climate change, according to a new report from the **International** **Labour** **Organization** ([LinkedIn News](https://www.linkedin.com/news/story/24b-workers-face-climate-risks-5996428/?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer))
- **2.0%** — The jobless rate in **North Dakota**, the lowest unemployment rate in the U.S. ([SIA](https://www2.staffingindustry.com/Editorial/Daily-News/North-Dakota-posts-lowest-jobless-rate-in-March-69086?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer))
- **5.3%** —The jobless rate in **California**, the highest unemployment rate in the U.S. ([SIA](https://www2.staffingindustry.com/Editorial/Daily-News/North-Dakota-posts-lowest-jobless-rate-in-March-69086?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer))
- **$49.7 million** — The compensation package of **Warner Bros. Discovery** CEO **David Zaslav** in 2023, up 26% from the year prior, despite a disastrous year for the company on several measures ([LA Times](https://www.latimes.com/entertainment-arts/business/story/2024-04-19/warner-bros-ceo-earned-49-7-million-in-strike-impacted-year?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer))
- **4 million** — The number of U.S. workers now eligible to receive overtime pay, following a new **Labor** **Department** rule that lifts the salary ceiling for those who qualify to $58,600 per year ([LinkedIn News](https://www.linkedin.com/news/story/overtime-pay-for-4m-more-workers-5888529/?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer))

 

**INDUSTRY INSIGHTS**

## **M&A Deals, Industry Moves, & Other Things To Know**

- HR tech startup **Rippling** secured $200M in Series F funding, upping its valuation to $13.5B ([TechCrunch](https://techcrunch.com/2024/04/22/ripplings-parker-conrad-on-the-companys-brand-new-round-its-brand-new-sf-lease-and-also-its-brand-new-critic/?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer))
- Jobs website **ZipRecruiter** said **Qasim Saifee** resigned from his position as chief operating officer earlier this month ([SIA](https://www2.staffingindustry.com/Editorial/Daily-News/People-on-the-move-Raines-ZipRecruiter-TalentBridge-Barton-Interim-HealthCare-and-more-69083?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer))
- Healthcare staffing platform **ShiftMed** acquired **CareerStaff** **Unlimited** from **Genesis** **HealthCare** (SIA)
- A former **Boeing** employee is speaking out about his colleagues who frequently mishandled manufacturing parts to meet company deadlines ([NYT](https://www.nytimes.com/2024/04/24/business/boeing-airlines-plane-issues.html?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer))
- Programmatic job ad software **AcquireROI** and TA communication tech provider **PivotCX** announced a strategic partnership ([PivotCX](https://pivotcx.io/acquireroi-pivotcx/?utm_source=acquire&utm_medium=linkedin))
- Former **Martec** employer brand head **Kelly** **Estrada** joined **Snowflake** as senior talent brand manager ([LinkedIn](https://www.linkedin.com/posts/kellyestrada_lifeatsnowflake-makeitsnow-newjob-activity-7188150515795406849-j2NJ?utm_source=share&utm_medium=member_desktop))
- Tech giant **Google** said it will scrap minimum wage and benefits rules for suppliers and staffing firms ([Reuters](https://www.reuters.com/technology/google-scraps-minimum-wage-benefits-rules-suppliers-staffing-firms-2024-04-19/?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer))
- Software company **Oracle** said it will move its corporate headquarters to **Nashville** to be closer to healthcare companies in the area ([WSJ](https://www.wsj.com/tech/oracle-to-move-headquarters-again-this-time-to-nashville-035ca2b9?mod=e2li&utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer))

 

**WEBINAR**

[![](https://weekly.talivity.com/hubfs/Imported_Blog_Media/hiring-for-sustainability-ad-c05-1.png)](https://recruitmentmarketing.zoom.us/webinar/register/5617134485659/WN_WwWbVbVwTLOy3ktTfY2nKg?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer#/registration)

Join **RecruitmentMarketing.com** for an insightful webinar that explores the intersection of sustainability and recruitment marketing in light of the recent SEC reporting requirements. Learn from industry leaders how to extend your company's sustainability practices into your employer brand, to attract people aligned and motivated by purpose and impact.

Discover how sustainability can set your company apart in the competitive job market, attract top talent, and showcase your commitment to corporate responsibility.

📅 May 7 | 🕜 1:00 PM ET | 💻 Zoom   
➡️ [Secure Your Spot for Free](https://recruitmentmarketing.zoom.us/webinar/register/5617134485659/WN_WwWbVbVwTLOy3ktTfY2nKg?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer)

 

**OPEN ROLES VIA TALENTCONNECT**

## **Jobs You Might Want (For Yourself!)**

- Fashion company **Ralph Lauren** is hiring a [Recruiter](https://www.linkedin.com/jobs/view/3900572670?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer), based in New York, NY
- Energy drink company **Monster Energy** is hiring a [Human Resources Business Partner](https://www.linkedin.com/jobs/view/human-resources-business-partner-iii-international-at-monster-energy-3901981049?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer), based in Corona, CA
- Language learning platform **Duolingo** is hiring a [Senior Business Recruiter](https://www.linkedin.com/jobs/view/3872571084?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer), based in Pittsburgh, PA
- Financial services company **Chime** is hiring a [People Partner](https://www.linkedin.com/jobs/view/3882521675?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer), based in San Francisco, CA
- Software company **Klaviyo** is hiring an [Executive Recruiter](https://www.linkedin.com/jobs/view/3805559303?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer), based in Boston, MA
- Home services website **Angi** is hiring a [Senior Recruiter](https://www.linkedin.com/jobs/view/3813668424?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer), based in New York, NY
  
  *For more of these roles delivered to your inbox every Monday, subscribe to the* ***RecruitmentMarketing.com Weekly Jobs*** *newsletter by clicking* *[here](https://magic.beehiiv.com/v1/7a76e29f-4a10-46fc-8f64-ecbe8adb5107?email=)**.*

 

**LAYOFFS**

## **Places For You To Source Fresh Talent**

- Sportswear company **Nike** is cutting about 740 jobs at its global headquarters in Beaverton, OR, by the end of June ([LinkedIn News](https://www.linkedin.com/news/story/nike-is-laying-off-hundreds-5990508/?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer))
- Content-to-commerce platform **The Good Glamm Group** is laying off 150 employees ([Economic Times](https://economictimes.indiatimes.com/tech/technology/content-to-commerce-platform-the-good-glamm-group-lays-off-150-employees/articleshow/109401639.cms?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer))
- Text-to-image AI startup **Stability** is shedding 10% of staff after a controversial exit from its CEO ([CNBC](https://www.cnbc.com/2024/04/18/ai-startup-stability-lays-off-10percent-of-employees-after-ceo-exit.html?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer))
- Biotech startup **Freenome** is laying off 20% of its staff, the company announced ([LinkedIn](https://www.linkedin.com/posts/freenome_today-we-want-to-take-a-moment-to-express-activity-7188678374695792640-NOK-/?utm_source=recruitmentmarketing.beehiiv.com&utm_medium=referral&utm_campaign=ftc-drops-the-hammer))

 

## 👋 **Thanks for reading!**

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