Back in September, working women across the country were up in arms about a pamphlet distributed by Citi (although HR representatives deny the company distributed the material) that called corporate females to act more like men in the workplace. It comes as no surprise that Citi is now engulfed in a discrimination lawsuit. Six women have come forward stating that Citigroup is an “outdated boys club”, and that firm executives discriminate against females in decisions regarding compensation, promotions, and termination.
This is a trend that appears to be common in the financial services industry, with women making 58.8 cents of every dollar men earn according to Government Accountability Office statistics. Rival bank Goldman Sachs is also facing a gender discrimination lawsuit.
I am anxious to see how these lawsuits will impact women in the corporate world, depending on whether the courts view these claims as truly discriminatory in nature.
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