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Stockreport

Microsoft settles California probe over worker leave for $14 million [Yahoo! Finance]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
The California Civil Rights Department in filings in state court accused the tech giant of retaliating against its California-based employees who used parental, disability, pregnancy and family-care leave since 2017 by denying them raises, promotions and stock awards. Those workers, who were disproportionately women and people with disabilities, received lower performance-review scores that in turn suppressed their pay and opportunities for promotions and altered their career trajectory, the department said. The settlement, which must be approved by a state judge, would resolve a multiyear investigation by the Civil Rights Department, the agency said. Microsoft denied wrongdoing in the settlement agreement. The state's Civil Rights Department has announced a series of large settlements in recent years, mainly in sex-discrimination cases. Those include a $100 million deal with videogame maker Riot Games in 2021, a $54 million settlement with Activision Blizzard last year, and, [Read more]

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Stockreport

Microsoft settles California probe over worker leave for $14 million [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
The California Civil Rights Department in filings in state court accused the tech giant of retaliating against its California-based employees who used parental, disability, pregnancy and family-care leave since 2017 by denying them raises, promotions and stock awards. Those workers, who were disproportionately women and people with disabilities, received lower performance-review scores that in turn suppressed their pay and opportunities for promotions and altered their career trajectory, the department said. The settlement, which must be approved by a state judge, would resolve a multiyear investigation by the Civil Rights Department, the agency said. Microsoft denied wrongdoing in the settlement agreement. The state's Civil Rights Department has announced a series of large settlements in recent years, mainly in sex-discrimination cases. Those include a $100 million deal with videogame maker Riot Games in 2021, a $54 million settlement with Activision Blizzard last year, and, [Read more]

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