TECH - Snap Inc. To Pay $15M In Settlement Over Gender Discrimination And Harassment Allegations By California Civil Rights Department | Benzinga
Snap Inc. (NYSE:SNAP) has agreed to pay $15 million to settle a lawsuit filed by the California Civil Rights Department. The lawsuit accused the company of gender discrimination, failure to prevent workplace sexual harassment, and retaliation against female employees who raised complaints.
What Happened: The settlement, announced on Wednesday, covers female employees who worked at Snapchat in California between 2014 and 2024.
This resolution concludes a probe that lasted over three years, during which the California-based company was accused of unfair treatment of female staff in terms of pay and promotions.
The majority of the settlement funds will be allocated to the affected employees, as confirmed by California officials. The settlement is contingent on court approval.
Snapchat expanded from 250 employees in 2015 to over 5,000 in 2022. However, this growth did not lead to advancement for female employees, who were reportedly told to wait their turn, discouraged from applying for promotions, or lost promotion opportunities to less qualified male ...