360° Coverage : Ex-Employee Sues Apple Due To Steve Jobs Promise

1 Updates
Ex-Employee Sues Apple Due To Steve Jobs Promise

Ex-Employee Sues Apple Due To Steve Jobs Promise

Aug 21 2012, 7:22pm CDT | by

Says he was fired even though Jobs guaranteed his job

A man who worked for Apple from 1998 to 2011 has sued the company because he was let go despite being guaranteed by Steve Jobs that he would always have a job at Apple. The man, Wayne Goodrich, is...

Filed under: news

YouTube Videos

 
 
 

1 year ago

Ex-Employee Sues Apple Due To Steve Jobs Promise

Aug 21 2012, 7:22pm CDT | by

Says he was fired even though Jobs guaranteed his job

A man who worked for Apple from 1998 to 2011 has sued the company because he was let go despite being guaranteed by Steve Jobs that he would always have a job at Apple. The man, Wayne Goodrich, is now seeking unspecified damages.

In 2005, Goodrich says that Jobs called him in for a one-on-one meeting in which he said his employment at Apple was guaranteed for life. The promise came at a time when Jobs was concerned about his health, so clearly what he wanted was for Goodrich to avoid exactly what has happened.

Goodrich worked as executive producer for Apple's high-profile presentations. So when you saw Steve Jobs up on stage unveiling the newest iPhones and iPads, it was Goodrich who orchestrated those events.

Clearly, in this capacity, he worked very close to Jobs and must have forged quite a strong connection.

"This express promise by Steve Jobs was consistent with a practice that Steve Jobs had, acting on behalf of defendant Apple, of promising job security to certain key employees who worked directly with him for many years," the employee wrote in his complaint.

The main point of contention, he says, is the windfall of restricted stock he received in 2008, when the price was $97.40 per share. Now, that dollar value is $635 per share.

Apple has not released a statement regarding the lawsuit. Its lawyers are, after all, pretty busy with Samsung at the moment.

Via BusinessWeek

 

Don't miss ...

 

<a href="/latest_stories/all/all/6" rel="author">Mark Raby</a>
With more than 10 years as a professional writer, Mark Raby has an undeniable pulse on the latest trends. From the quiet rumors to the breaking news of the day, his eagle eye is always focused on the newest scoop and figuring out how and why the big newsmakers are noteworthy and relevant. He is based in New York City.

 

blog comments powered by Disqus

Latest stories

Here’s why many people want their BlackBerrys back after switching to iOS and Android
Here’s why many people want their BlackBerrys back after switching to iOS and Android
Following the release of the original iPhone in 2007 and the subsequent launch of Android, many people with work-issued phones spent years asking for their employers to switch away from BlackBerry smartphones to more...
 
 
APPL & AMZN Now at High Risk Levels?
The sharply higher opening Tuesday in reaction to earnings from Netflix, Inc. (NFLX) and Chipolte Mexican Grill (CMG) stabilized the market’s short-term outlook. The S&P futures broke out of their recent trading...
 
 
Tim Cook Just Made The Case For A Low-Priced iPhone
Tim Cook Just Made The Case For A Low-Priced iPhone
During Apple’s earnings call yesterday, CEO Tim Cook was asked a seemingly harmless question about the impact of trade-in programs on iPhone sales. Cook’s wide-ranging response was that he felt trade-ins were good for...
 
 
Want to start using OS X Yosemite before it launches this fall? Here’s how you can
Want to start using OS X Yosemite before it launches this fall? Here’s how you can
Developers and people with access to developer accounts have already been able to try out the OS X Yosemite in beta form for more than a month, but soon Apple will make the beta version of its new OS available to a...
 
 
 

Latest from the Network

MH17 black boxes arrive in Britain for analysis (Lead, changing dateline)
London, July 23 (IANS) The black box recorders from the crashed Malaysia Airlines flight MH17 have arrived in Britain for data downloading and analysis, the British Air Accidents Investigation Branch (AAIB) said...
Read more on Politics Balla
 
Here’s why many people want their BlackBerrys back after switching to iOS and Android
Following the release of the original iPhone in 2007 and the subsequent launch of Android, many people with work-issued phones spent years asking for their employers to switch away from BlackBerry smartphones to more...
Read more on Apple Balla
 
UN warns of possible Israeli war crimes, Gaza toll 650 (Roundup)
Geneva/Jerusalem/Gaza, July 23 (IANS) UN High Commissioner for Human Rights Navi Pillay Wednesday warned that Israeli military attacks on Gaza could constitute a war crime, as the toll in Israel's ongoing offensive on...
Read more on Politics Balla
 
Ukraine rebels withdraw from Donetsk outskirts
Moscow/Kiev, July 23 (IANS) Pro-Russian separatists Wednesday exited three towns on the outskirts of the eastern city of Donetsk and areas surrounding the airport, rebel militia chief Igor Strelkov said even as the...
Read more on Politics Balla
 
47 killed in Taiwan plane's botched landing
Taipei, July 23 (IANS) Forty-seven people on board a Taiwanese TransAsia Airways plane were killed in a failed emergency landing in the island county of Penghu Wednesday, Taiwan's transportation authority has confirmed...
Read more on Business Balla
 
APPL & AMZN Now at High Risk Levels?
The sharply higher opening Tuesday in reaction to earnings from Netflix, Inc. (NFLX) and Chipolte Mexican Grill (CMG) stabilized the market’s short-term outlook. The S&P futures broke out of their recent trading...
Read more on Apple Balla
 
Tim Cook Just Made The Case For A Low-Priced iPhone
During Apple’s earnings call yesterday, CEO Tim Cook was asked a seemingly harmless question about the impact of trade-in programs on iPhone sales. Cook’s wide-ranging response was that he felt trade-ins were good for...
Read more on Apple Balla
 
India at Commonwealth Games Thursday
Glasgow, July 23 (IANS) The following is the list of Indians participating on the first day of competition at the 2014 Commonwealth Games here Thursday. India's schedule: Badminton: India will take on Ghana and then...
Read more on Sport Balla
 
Director of 'Girl with a Pearl Earring' to make new film
Peter Webber is planning a sequel to 'Girl with a Pearl Earring'. The director - who launched actress Scarlett Johansson into the spotlight with his 2003 debut - has now begun work on a new project. The similarly art...
Read more on Movie Balla
 
Dwayne Johnson wears testicle hair beard
Dwayne Johnson wore a beard made of testicle hair for 'Hercules'. The 42-year-old star - also known by his wrestling name ''The Rock'' - stars as the Greek hero in the upcoming film of the same name and he's confessed...
Read more on Movie Balla