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The conversation reveals that one person is set to leave for a new job but learns about a non-compete clause in their contract with Bosch, preventing them from taking the new position. They express regret for disclosing their new job location, considering it could lead to future issues due to the non-compete. The other person points out that even if they had not told, the employer could discover their new job through sources like LinkedIn. They discuss the purpose of non-compete agreements in protecting business secrets and strategies. Additionally, it's noted that some jurisdictions, including California, North Dakota, Oklahoma, and Ontario, have banned such agreements, raising questions about their enforceability.