Goldman Sachs, Google women march ahead with gender bias suits


  • TECH
  • Monday, 02 Apr 2018

NEW YORK, NY - MARCH 05: Google's New York office is shown in lower Manhattan on March 5, 2018 in New York City. Published reports say that the tech giant is close to a reaching a $2.4 billion deal to buy the landmark Chelsea Market building. The building, a block-long former Nabisco factory that is named after its ground-floor gourmet food mall, sits directly across from Google's current New York City headquarters in the Meatpacking District. If the sale goes through, it would be one of the most expensive real estate transactions for a single building in New York City history. Spencer Platt/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

The women of Wall Street got a boost on March 30 with a judge’s ruling allowing a group of as many as 2,300 female employees of Goldman Sachs Group Inc to pursue claims they didn’t get paid or promoted like their male counterparts. 

The lawsuit dates back to 2010 when two women accused Goldman Sachs of a “culture of discrimination” and a boys’ club atmosphere that included client trips to strip clubs. They alleged that female vice presidents earned 21% less than their male counterparts, while about a quarter fewer women were promoted to the position of managing director than men. 

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