Accenture to pay $25 million to settle US government allegations over DEI
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
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
WASHINGTON, Sept 14 : IT consulting firm Accenture will pay $25 million to settle U.S. government allegations over diversity practices, which President Donald Trump’s administration has targeted in his second term in office.
“Accenture shall pay to the United States $25,000,000, inclusive of civil penalties and interest on the Settlement Amount at a rate of 4 per cent per annum from September 9, 2026,” the settlement agreement made public on Monday said. It was signed by the U.S. Department of Justice and Accenture.
The Trump administration has penalized public and private organizations, from government agencies to universities, over DEI practices that civil rights advocates say help address historic inequities for marginalized groups such as women, the LGBT community and ethnic minorities.
The White House casts DEI as anti-merit and discriminatory against white people and men. Trump has signed executive orders asking federal contractors and subcontractors to eliminate DEI. Civil rights groups say such steps roll back social progress.
Guess Word
Crack the word, one row at a time
Buzzword
Create words using the given letters
Mini Sudoku
Tiny puzzle, mighty brain teaser
Mini Crossword
Small grid, big challenge
Word Search
Spot as many words as you can
Many U.S. companies scaled back or modified diversity policies after Trump’s orders.
Deloitte agreed to pay $21.5 million to settle a DOJ probe over diversity practices, according to an agreement made public in August. IBM agreed to pay $17 million to settle a similar U.S. government probe, an agreement revealed in April.
The Justice Department had alleged Accenture took race and sex into consideration when it made hiring and promotion decisions to achieve demographic goals.
Accenture said it complied with applicable laws and that the resolution agreement did not constitute an admission of liability.
“We have cooperated with the government’s review, and we are pleased to put this matter behind us to avoid the costs and resource demands of prolonged litigation,” an Accenture spokesperson said.
The settlement agreement said Accenture denied engaging in discrimination.
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
