Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Microsoft Corporation    MSFT

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsSector newsTweets

Microsoft : women filed 238 discrimination and harassment complaints

share with twitter share with LinkedIn share with facebook
share via e-mail
03/13/2018 | 06:40pm CET
FILE PHOTO: An advertisement is played on a set of large screens at the Microsoft office in Cambridge

SAN FRANCISCO (Reuters) - Women at Microsoft Corp working in U.S.-based technical jobs filed 238 internal complaints about gender discrimination or sexual harassment between 2010 and 2016, according to court filings made public on Monday.

The figure was cited by plaintiffs suing Microsoft for systematically denying pay raises or promotions to women at the world's largest software company. Microsoft denies it had any such policy.

The lawsuit, filed in Seattle federal court in 2015, is attracting wider attention after a series of powerful men have left or been fired from their jobs in entertainment, the media and politics for sexual misconduct.

Plaintiffs' attorneys are pushing to proceed as a class action lawsuit, which could cover more than 8,000 women.

More details about Microsoft's human resources practices were made public on Monday in legal filings submitted as part of that process.

The two sides are exchanging documents ahead of trial, which has not been scheduled.

Out of 118 gender discrimination complaints filed by women at Microsoft, only one was deemed "founded" by the company, according to the unsealed court filings.

Attorneys for the women described the number of complaints as "shocking" in the court filings, and said the response by Microsoft's investigations team was "lacklustre."

Companies generally keep information about internal discrimination complaints private, making it unclear how the number of complaints at Microsoft compares to those at its competitors.

In a statement on Tuesday, Microsoft said it had a robust system to investigate concerns raised by its employees, and that it wanted them to speak up.

Microsoft budgets more than $55 million a year to promote diversity and inclusion, it said in court filings. The company had about 74,000 U.S. employees at the end of 2017.

Microsoft said the plaintiffs cannot cite one example of a pay or promotion problem in which Microsoft's investigations team should have found a violation of company policy but did not.

U.S. District Judge James Robart has not yet ruled on the plaintiffs' request for class action status.

A Reuters review of federal lawsuits filed between 2006 and 2016 revealed hundreds containing sexual harassment allegations where companies used common civil litigation tactics to keep potentially damning information under wraps.

Microsoft had argued that the number of womens' human resources complaints should be secret because publicizing the outcomes could deter employees from reporting future abuses.

A court-appointed official found that scenario "far too remote a competitive or business harm" to justify keeping the information sealed.

(Reporting by Dan Levine; Additional reporting by Salvador Rodriguez; Editing by Bill Rigby, Edwina Gibbs and Bernadette Baum)

By Dan Levine

share with twitter share with LinkedIn share with facebook
share via e-mail
10:46aFacebook scandal could push other tech companies to tighten data sharing
06:04aMICROSOFT : contract with a single supplier - Microsoft Corporation
05:02aMICROSOFT : adds 315 megawatts of new solar power in Virginia in largest corpora..
03/21Dropbox raises IPO price range by $2 on strong demand
03/21Dropbox raises IPO price range by $2 on strong demand
03/21MICROSOFT : Mellanox Simplifies Hybrid Cloud Connectivity Between Enterprises an..
03/21Innovative Report on Third-Party Banking Software Market, Challenges, Standar..
03/20Amazon is now second most valuable U.S.-listed company, tops Alphabet
03/20Amazon is now second most valuable U.S.-listed company, tops Alphabet
03/20Privacy issues emerge as major business risk for Facebook
More news
News from SeekingAlpha
08:01aMicrosoft purchases solar power from Virginia 
03/21MICROSOFT : A DCF Valuation 
03/21BlackBerry Security Solutions As A Preamble For IoT 
03/21More analysts weigh in on Salesforce's MuleSoft purchase 
03/21Tableau Software Struggles With Profitability As Revenue Growth Slows Down 
Financials ($)
Sales 2018 107 B
EBIT 2018 32 723 M
Net income 2018 14 390 M
Finance 2018 64 157 M
Yield 2018 1,79%
P/E ratio 2018 49,86
P/E ratio 2019 23,69
EV / Sales 2018 6,09x
EV / Sales 2019 5,50x
Capitalization 717 B
Duration : Period :
Microsoft Corporation Technical Analysis Chart | MSFT | US5949181045 | 4-Traders
Technical analysis trends MICROSOFT CORPORATION
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 37
Average target price 103 $
Spread / Average Target 11%
EPS Revisions
Satya Nadella Chief Executive Officer & Director
Bradford L. Smith President & Chief Legal Officer
John Wendell Thompson Independent Chairman
Jean-Philippe Courtois President-Global Sales, Marketing & Operations
Amy E. Hood Chief Financial Officer & Executive Vice President
Sector and Competitors
1st jan.Capitalization (M$)
RED HAT29.29%27 485
HEXAGON19.42%20 771
SPLUNK INC31.43%15 562
SYNOPSYS1.58%12 878