Google resolves unfair employee practices lawsuit with $27 million settlement
The case, filed under California's Private Attorneys General Act, emerged in 2016 and was one of the early instances of employee activism that has since swept through the tech industry over the past seven years.
In a groundbreaking development, tech giant Google has finalized a $27 million settlement with employees who alleged unfair labor practices, marking the largest agreement of its kind, as revealed in California state court documents, according to reports by Semafor. The case, filed under California's Private Attorneys General Act, emerged in 2016 and was one of the early instances of employee activism that has since swept through the tech industry over the past seven years.
Pending court approval, the majority of the settlement will be allocated to the state, with approximately 100,000 Google employees set to receive varying amounts between $20 and $70, depending on their tenure with the company. The intent of the Act, as outlined in the report, is to penalize companies rather than primarily compensate employees.
A Google spokesperson emphasized, "While we strongly believe in the legitimacy of our policies, after nearly eight years of litigation, Google decided that resolution of the matter, without any admission of wrongdoing, is in the best interest of everyone."
SIP vs SSY: Start SIP in daughter's name or invest money in Sukanya Samriddhi Yojana? Know which may give better returns
Post Office Senior Citizen Savings Scheme 2024: Get Rs 12,300 interest every quarter on Rs 6 lakh investment in this guaranteed return investment scheme
GPT Healthcare IPO allotment status: Here's how to check allotment status online on BSE, Link Intime India
National Savings Time Deposit Account (TD): How much your Rs 1 lakh investment will grow in 1, 2, 3, 5 years
PSBs' valuations still reasonable despite 162% jump in Nifty PSU Bank index in less than 2 years: Report
BJP confident PM Narendra Modi to return to power with a greater majority: Finance Minister Nirmala Sitharaman
The lawsuit originated following the termination of a Google-owned Nest worker who was fired for posting grievances about the company's management on Facebook.
(With input from IANS)