Submitted by JosephGray on January 13, 2008
The Texaco Culture Change
The 1999 lawsuit involving Texaco and its discrimination against African-American employees was the largest settlement of $175 million in U.S. history. In an effort to fight the lawsuit, Texaco chose to settle out of court.
Bari-Ellen Roberts, a former senior financial analyst for Texaco, further exposed Texaco’s discriminating practice amongst minority employees in her book. With Texaco’s dirty laundry made available to the public in this book, Texaco acted quickly with then CEO Peter Bijur taking drastic actions to settle the issues. His course of action was to launch a complete cultural change in attitude in the company. At this time,...
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