Intel Corporation Reaches Settlement for Allegations of Discrimination Against Black Women, Latinas

Intel Corporation (No. 50 on the DiversityInc Top 50 list) has reached a $5 million settlement with the Labor Department after allegations of pay discrimination against female Black and Latin employees, the Associated Press reported.

The Associated Press reported that Intel, a chipmaker, will pay $3.5 million in back wages and interest and also will put $1.5 million toward pay adjustments over the next five years for U.S. workers, specifically in engineering positions.

Intel, like the majority of technology companies, has mostly white or Asian men working for them. According to the company’s most recent diversity report, 27% of its employees are women, 9% are Hispanic and less than 5% African American.

Related Article: Playboy White House Reporter Brian Karem Has Press Pass Revoked

This is not the first time that Intel has faced massive lawsuits. In 2018, the company was accused of secretly targeting older workers in a series of mass layoffs stretching back to 2016, the Silicon Valley Business Journal reported.

Another lawsuit filed in August of this year accuses Intel of investing billions of dollars of retirement savings in “unproven and unprecedented” investment strategies, Bloomberg Law reported. According to the lawsuit, employees lost billions of dollars in potential retirement savings.

This case has gone as far as the U.S. Supreme Court, according to Reuters. In June, the Court agreed to hear Intel’s reasons why it didn’t violate federal law by making employee retirement plan investments that cost beneficiaries hundreds of millions of dollars.

The lawsuit was brought by former Intel engineer Christopher Sulyma in San Jose, Calif., federal court, Reuters reported.

Related Article: Amber Guyger’s 10-Year Conviction Might Be Because of Jury Diversity, Experts Say

Latest News

SAIC Recognized by Forbes for Commitment to Hiring Veterans

Originally published at investors.saic.com.    Science Applications International Corp. (SAIC) has received multiple acknowledgments for its commitment to military veterans, including being named on Forbes’ list of 2022 America’s Best Employers for Veterans. Additionally, SAIC ranked #7 on the Military.com list of Top 25 Veteran Employers and was recently recognized as a…

How Raytheon Technologies Supports Veterans

Originally published at rtx.com. Raytheon Technologies ranked No. 41 on The DiversityInc Top 50 Companies for Diversity list in 2022.   Support for military veterans and families is a pillar of Raytheon Technologies’ Connect Up initiative — and a longstanding part of the company’s culture. Employees regularly volunteer with Raytheon Technologies’…

Humana on Increasing Diversity Among Healthcare Providers

Originally published at humananews.com. Humana ranked No. 9 on The DiversityInc Top 50 Companies for Diversity list in 2022. Meet Carole Gescheidle, Co-President of Humana’s Native American and Indigenous Network Resource Group. Carole’s mother, Mary, was born and raised on the Menominee Reservation in Wisconsin and grew up experiencing racism….

Hilton Reinforces Commitment to Sustainability and Local Craftsmanship with Beverage Conservation Initiative

Originally published at stories.hilton.com. Hilton is a Hall of Fame company.   Hilton announced the launch of its ‘Wild Spirit Wines of Africa’ Beverage Conservation program. In collaboration with the World Wide Fund for Nature (WWF) in South Africa and Under the Influence, guests can enjoy the best wines and spirits from…