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Stockreport

Microsoft (MSFT) Settles Discrimination Lawsuit in California [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
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 [Read more]

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Stockreport

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
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 [Read more]

IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
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MAX DOWN
Low:
%
POST NEWS RANGE
%
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S&P 500 (SPX)

%

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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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