IBM reaches $17M settlement with federal government over DEI practices
Summary
IBM has reached a $17 million settlement with the U.S. federal government to resolve allegations concerning its diversity, equity, and inclusion (DEI) practices. The company was accused of using illegal practices when identifying candidates for hiring and promotions, specifically focusing on race and sex demographic goals. According to CNN, IBM had been developing such goals. In a statement to CNN, an IBM spokesperson stated the company is “pleased to have resolved this matter” and emphasized that its workforce strategy centers on securing individuals with the necessary skills for its clients. The settlement aims to address concerns about discriminatory practices within IBM's hiring and promotion processes.
(Source:Springfield Business Journal)