(Reuters) – Alphabet Inc. has settled a lawsuit accusing Google's parent of paying lavish exit packages to executives who have been held accountable for sexual misconduct, saying it would increase oversight of its diversity and its own. capital.
The company will set aside $ 310 million in funding for diversity initiatives and ban severance packages for employees who are the subject of an ongoing investigation into sexual offenses or retaliation, it said.
The trial from last year accused the Alphabet's leadership of covering up sexual harassment within the company, among other things by awarding lavish exit packages to two senior executives who are considered responsible for crimes. The disputes had been mediated.
The Alphabet said on Friday that it was setting up a new council to monitor its diversity efforts and would make arbitration voluntary for individual claims of sexual harassment, taking into account a lengthy request from some of its employees. [1