Pinterest settles a lawsuit that alleged racial and gender discrimination

  • Pinterest has settled a lawsuit brought against it by shareholders who claimed that the company’s workplace discrimination against women and racial minorities hurt its reputation, according to NBC News.
  • The company reportedly agreed to spend $50 million on improving its diversity and equity and will let former employees talk about racial or gender discrimination they experienced, even if they were bound by a non-disclosure agreement.
  • Separately, the company paid out $20 million to its former COO Fran├žoise Brougher after she alleged that the company paid her less than male colleagues, didn’t invite her to important meetings, and fired her after she brought up the issues.

[Via]

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