What Might Racism Cost Oracle? $400M
Between 2013 and 2016, 90% of Oracle’s hires were people of color. While in some communities this fact might be celebrated, there’s a catch — they were all Asian, and still underpaid compared to their white counterparts, according to a lawsuit filed this week by the US Department of Labor.
The DOL’s Office of Federal Contract Compliance Programs recently filed a complaint alleging the company was guilty of “stark discrimination,” and “impermissibly denies equal employment opportunity to non-Asian applicants for employment, strongly preferring a workforce that it can later underpay. Once employed, women, Blacks and Asians are systematically underpaid relative to their peers.”