Accenture to Pay $25M in US Diversity Settlement

IT consulting firm Accenture agreed to pay $25 million to resolve United States government allegations regarding its diversity practices. The Justice Department alleged the firm considered race and sex in hiring decisions.

Xurve View
Insights:
The logo of Accenture is displayed on a building, on the first day of the annual meeting in Davos, Switzerland, January 15, 2024. REUTERS/Denis Balibouse

ACCENTURE PLC-CL A agreed to pay $25 million to resolve United States government allegations over diversity practices. The settlement follows federal crackdowns on corporate diversity, equity, and inclusion programs. Consulting firms and federal contractors face increased scrutiny as the administration targets policies designed to support marginalized groups.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.