Pinterest to Pay Out $22.5M to Settle Gender Discrimination Lawsuit

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Pinterest to Pay Out $22.5M to Settle Gender Discrimination Lawsuit

Pinterest has settled a sex discrimination lawsuit filed against the company in August by former Chief Operating Officer Françoise Brougher.

The company announced the settlement on a Form 8-K filed with the Securities and Exchange Commission on Monday and expects the settlement to count towards its financial results for the fourth quarter of 2020.

Pinterest did not assume any liability in the context of the comparison.

Brougher, who left the company in April, filed a lawsuit against her former employer, Human Resources Officer Jo Dennis and Co-Founder and CEO Ben Silbermann, in the California, County San Francisco Supreme Court.

Brougher also shared a long post on Medium detailing her grips with Pinterest.

She wrote: “Although 70% of Pinterest users are women, the company is run by men with little input from female executives. Pinterest’s female executives are marginalized, excluded and silenced, even at the highest levels. I know because I was Pinterest’s chief operating officer until I was fired in April. “

Pinterest and Brougher issued a joint statement saying: “Pinterest recognizes the importance of promoting a diverse, equitable and inclusive work environment and will continue its efforts to improve its culture. Françoise welcomes the significant steps Pinterest has taken to improve its work environment and encourages Pinterest to work to build a culture that enables all employees to feel included and supported. “

And Brougher said in an interview with Erin Griffith of the New York Times, “I’m glad Pinterest took this very seriously. I hope it is a first step towards creating a better working environment there. My goal was to take responsibility and drive change. The public sharing of the settlement helps to raise awareness more generally. “