Oracle underpaid women and minority workers by $401 million, the Labor Department says (ORCL)

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• Oracle underpaid women and minority workers by $400 million between 2013 and 2016 due to what the US Labor Deparment described as systematic discrimination, the agency said Tuesday.
• The company showed "extreme preference" for hiring Asian workers with visas that it could underpay, the department charged.
• It also based pay for women and minorities on their prior salaries, a move that helped extend existing wage disparities, it alleged.

Women and minority workers at Oracle workers lost out on at least $401 million in wages from 2013 to 2016 due to what the US Department of Labor described as systematic discrimination on the part of the tech giant.

The enterprise software company intentionally shows "extreme preference" for hiring Asians workers with visas, because doing so also allows it to underpay them, the Labor Department charged in a new filing in its ongoing lawsuit against Oracle.

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from Business Insider https://read.bi/2sCwS6O