Because of skin color? – Ex-investment banker fired and sued

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A former white manager of US investment bank Morgan Stanley has sued his former employer for alleged discrimination. The man says in his lawsuit filed Tuesday that he was fired in May to make way for a less qualified black woman.

Despite “an impressive record of achievements,” he was replaced by the head of the welfare team. While she “is potentially a talented executive, she just didn’t have the comparable experience or background to warrant Morgan Stanley’s decision,” laments Kevin Meyersburg. With this step, the bank wanted to promote diversity and inclusion initiatives.

Background is the judgment of the Supreme Court
US experts had predicted an increase in lawsuits for so-called reverse discrimination following a Supreme Court ruling in June. For example, the Supreme Court overturned admissions procedures at universities that favored African Americans and Hispanics.

US employers are not directly affected by the ruling. However, the opponents of corporate diversification measures refer to this decision.

Source: Krone

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