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Stock impact report

Microsoft (MSFT) Settles Discrimination Lawsuit in California [Yahoo! Finance]

Microsoft Corporation (MSFT) 
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Company Research Source: Yahoo! Finance
This settlement, pending court approval, marks a significant development in workplace rights and corporate accountability. The lawsuit, which primarily affected women and disabled employees, alleged that Microsoft penalized workers who took protected leave by giving them lower bonuses and unfavorable performance reviews. The California Civil Rights Department's three-year investigation uncovered a workplace culture that reportedly discouraged employees from using protected leave, with managers allegedly making negative comments about such absences. As part of the settlement, this Zacks Rank #3 (Hold) company has committed to implementing several measures to prevent future employment abuses. These include retaining an independent consultant to review and recommend improvements to the company's practices for annual rewards and promotions, ensuring employees' awareness of how to raise discrimination complaints and reporting findings to the California Civil Rights Department. You ca Show less Read more
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