Pinterest settled a lawsuit alleging discrimination against racial minorities and women in its workplace, the New York Times and NBC News reported Wednesday. The social media site for image sharing also promised to spend $ 50 million on promoting diversity, they noted, but further financial details about the settlement were not revealed.
The company’s shareholders apparently accused the board of directors of failing to respond to the culture of discrimination that had developed.
The allegations arose after former employees of Ifeoma Ozoma and Aerica Shimizu Banks, who are both black women, in June 2020 said they wouldand faced retaliation after raising concerns about unfair pay.
Two months after that, former chief operating officer Francoise Brougherfor allegedly excluding her from important decisions after refusing to “take the back seat of her male peers”. The company settled Brouger’s case December last year.
The company did not immediately respond to a request for comment on this week’s settlement.