Photo illustration: Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images

Pinterest employees protested against gender and racial discrimination at the company in a virtual walkout Friday afternoon.

Why it matters: Pinterest, the feel-good lifestyle curation site, has been accused of treating women and particularly women of color badly, driving them out and not living up to the company's stated values. The virtual walkout is one boiling over point of long-running anger inside the company.

What's happening: A group of displeased employees has launched a website, changeatpinterest.com, to organize the campaign calling for cultural changes among Pinterest leadership, starting with Friday's virtual walkout. More than 200 people participated in the walkout, a source close to the company told Axios.

  • Meanwhile: The company had been poised to reveal the selection of a new board member, but the announcement was postponed amid the protest, Bloomberg reported.

Details: During Friday's walkout, employees logged off their computers and posted in Slack about feelings about racial and gender discrimination at the company.

  • Internal Slack messages reviewed by Axios contain expressions of solidarity with former employees who spoke out. "I am disappointed and angry, but not surprised about the racial and gender discrimination that has happened at Pinterest," read one message.
  • Employees also said they were frustrated about the tenor of an all-company Q&A held last week after former COO Francoise Brougher published a blog post arging that she was pushed out for speaking out about the "rampant discrimination, hostile work environment, and misogyny that permeates Pinterest."
  • The new website encourages fellow employees to sign an anonymous petition "demanding systemic change," which now has more than 400 signatures.

What they're saying: The three ex-employees who have come forward with their stories of gender and racial discrimination at Pinterest — Brougher and former policy officials Aerica Shimizu Banks and Ifeoma Ozoma — all expressed gratitude for the protest.

  • "Thank you, Pinterest colleagues for standing up for us internally and externally," Shimizu Banks tweeted.
  • "Feeling empowered and grateful by all of the voices joining together on this issue," Brougher tweeted.
  • "SOLIDARITY," Ozoma tweeted.

Go deeper: Dark clouds envelop feel-good Pinterest

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Illustration: Aïda Amer/Axios

After it offered employees an exit package if they no longer feel aligned with the company's mission and culture, Coinbase says about 5% of its employees (60 of them) have taken the deal. It adds that employees of underrepresented groups did not leave disproportionately.

Why it matters: CEO Brian Armstrong sparked fiery debate within the tech industry with a recent blog post stating the crypto company plans to not take any political stances going forward and won't be holding any company-wide discussions not related to its work.

Go deeper: Behind the scenes of the Coinbase controversy

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The government has a newfound interest in looking into discrimination in the tech industry, which is overwhelmingly male and has a big problem with underrepresentation of Black and Latinx employees.

  • The Trump administration, far from seeking greater diversity, is asking whether corporate goals to boost Black representation are a form of discrimination.

Why it matters: Experts say concrete goals are needed to ensure aspirations turn into results.

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