Game developer Activision Blizzard, now a subsidiary of Microsoft Corporation (NASDAQ:MSFT), has agreed to a nearly $55 million settlement with the California Civil Rights Department over a gender discrimination case involving female employees and contractors.
What Happened: The settlement will cover legal costs and offer relief to women who experienced discrimination between October 2015 and December 2020. From the total settlement, $46 million will be directed to a fund for the affected women, reported CNBC.
The announcement comes nearly two years after Activision Blizzard settled a similar case with the U.S. Equal Employment Opportunity Commission by establishing an $18 million fund for victims.