Microsoft adds to diversity investment, aims to increase number of Black employees

The company said it will add another $150 million in diversity and inclusion investment to double the number of Black and African-American people managers, senior individual contributors, and senior leaders in the United States by 2025.

The death of George Floyd at the hands of Minneapolis police triggered protests in the United States against racial inequality, while also forcing companies to confront the discrimination that remains prevalent in Corporate America. Earlier in the month, Alphabet Inc’s Google also said that by 2025, the company aims to have 30% more of its leaders from underrepresented groups.

Microsoft will take steps to address the needs of other underrepresented communities, including the Hispanic and Latinx community, across the company in the next five years, it said in a blogThe company said it will also double the number of Black and African American-owned approved suppliers over the next three years and spend an incremental $500 million with those existing and new suppliers.

Political correctness trumps competence.

Abilities will be less important than skin colour to get the job now 😁

What a shame. Colors don't mather. Only the abilities.

it is a slippery slope when they decide on racial quota instead of the best tech n the best grads What about Chinese Latinos Filipinos? are they going to have quota too

We've been down this primrose path before , we shall see what we shall see !

So will NBA increase other race players instead black?

They got too many Asians.

Not that I don't appreciate this effort, but these sort of situations tend to foster resentment towards Black's, maybe they shouldn't announce it.

Its not about numbers, its about whether that system allows blacks in hierarchy based on talent in the minds of current top level people.

Whoa, perhaps I shall apply.

Great... what's a bit of burnt money for those sweet sweet virtue points, right?

starburns

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft pledges to hire more Black leaders and suppliers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. And.. what about Latino 18% of pop Black 12.5 %, Asian 6%, Native Amer 1% lets hear about all minorities...you want to be fair, right..?
Source: BusinessInsider - 🏆 729. / 51 Read more »