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(Reuters) - Walt Disney has agreed to pay $43.3 million to settle a lawsuit alleging that its female employees in California earned $150 million less than their male counterparts over an eight ...
Disney has agreed to pay $43 million to settle a lawsuit that it paid female employees less than their male counterparts in similar roles for nearly a decade.
Walt Disney Co. has agreed to pay $43.3 million to resolve a long-running lawsuit brought by a group of female employees who alleged gender pay discrimination at the Burbank entertainment giant.
Partners merged with Vista Federal Credit Union in November 2007. Vista FCU, which was established in 1960 prior to Partners, also served Walt Disney Company Cast Members and employees primarily of The Walt Disney Studios in Burbank, California and Walt Disney World Resort in Lake Buena Vista, Florida.
A court later ruled that Go.com had to pay $21.5 million in damages to GoTo.com. [10] However, in January 2001, Disney announced that it would be closing Go.com and its search engine, laying off approximately 400 employees and retiring the go.com tracking stock. [11] Also announced was the closing of Go.com's volunteer-edited directory.
disney.com is a website operated by Disney Digital Network, a division of The Walt Disney Company, that promotes various Disney properties such as films, television shows, and theme park resorts, and offers entertainment content intended for children and families. disney.com is the company's second effort at a web portal, the first being ended with the loss of go.com.
The lawsuit, which was first filed in 2019, accused Disney of underpaying female employees compared to their male counterparts, with disparities as much as $20,000 annually.
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