Advertisement
Australia markets open in 9 hours 25 minutes
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • AUD/USD

    0.6506
    +0.0006 (+0.09%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • OIL

    82.14
    -0.67 (-0.81%)
     
  • GOLD

    2,337.70
    -0.70 (-0.03%)
     
  • Bitcoin AUD

    97,694.08
    -2,438.09 (-2.43%)
     
  • CMC Crypto 200

    1,379.84
    -2.73 (-0.20%)
     

Oracle says racial discrimination lawsuit is 'meritless'

Oracle says racial discrimination lawsuit is 'meritless'

Oracle says the racial discrimination lawsuit filed by the U.S. Department of Labor's Office of Federal Contract Compliance Programs is "meritless." This comes after Oracle declined yesterday to comment on the OFCCP's filing that alleges Oracle withheld $400 million in wages from underrepresented employees. "This meritless lawsuit is based on false allegations and a seriously flawed process within the OFCCP that relies on cherry picked statistics rather than reality," Oracle EVP and General Counsel Dorian Daley said in a statement to TechCrunch. In a filing yesterday, the OFCCP alleged Oracle withheld $400 million in wages from racially underrepresented workers (black, Latinx and Asian) as well as women.