4 sources·Business

Disney Settles Gender Pay Discrimination Lawsuit for $43 Million

Disney agrees to pay $43 million to settle a class-action lawsuit alleging gender pay discrimination affecting female employees in California.

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Updated: Nov 26th, 2024, 2:19 PM ET

Summary

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Walt Disney Co. has reached a proposed settlement of $43.3 million in response to allegations of gender pay discrimination. The lawsuit was initiated by LaRonda Rasmussen in 2019, and eventually affected 9,000 women who alleged they earned less than men in similar roles. Disney will also hire an economist to analyze pay equity among employees below the vice president level. While the company denies wrongdoing, this agreement seeks to address systemic pay disparities and still requires judicial approval.

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