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Morgan Stanley said it would contest a lawsuit by its former head of diversity who alleged she experienced and witnessed “systemic racial discrimination” against African Americans at the bank.
Marilyn Booker, who joined Morgan Stanley in 1994 and served as its first global head of diversity for 16 years, claims in her lawsuit that senior “White male-centric leadership” refused to adopt her plan to address racial bias at the firm and instead terminated her in December.
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Despite job openings and increasing unemployment, employers are having a hard time filling roles formerly occupied by non-American workers.
Eightfold AI, which many companies use as they screen job candidates, is being accused of gathering information about applicants without their consent.
Trump's executive orders haven't fundamentally changed employment law, no matter how sweeping they may sound.
Barclays is scrapping its targets for boosting the diversity of its staff across the U.S.
Citi's CEO Jane Fraser announced she was ending the DEI goals she set out less than three years ago.
