Facebook CEO Mark Zuckerberg said his company is contributing $10 million to "groups working on racial justice."
Cisco CEO Chuck Robbins tweeted that the networking company is donating $5 million to a number of organizations and said "this is just the beginning." Other executives and venture capitalists said they would match funds provided by colleagues and friends. Chuck Robbins, CEO, Cisco Systems, speaking at the World Economic Forum, Davos, Switzerland, January 21, 2020.
Tech executives have been speaking out forcefully against racial violence in the U.S., with some promising millions of dollars in contributions to organizations pursuing justice and others setting up matching grant programs for colleagues and friends.
Tax deductible of course!!!! Thanks for nothing
And did they lay anyone off in this 2-3 month process?
Not transparent at all - cough cough.
Compared to the hundreds of billions of dollars they generate in revenue every year, 20 million dollars is a very very small amount.
Imagine thinking $20m means something when we’re running a $1T per month deficit