Breaking down Big Tech’s DEI progress

Today is the official first day of summer. While I did just come off a staycation in New York, unfortunately I won’t be spending my summer like some tech billionaires, who vacation everywhere from mega-yachts to their own private islands.

I’m your host, Jordan Parker Erb. We’ve got a lot to cover today, so let’s dive in.

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1. Graphics show how the tech industry has changed since George Floyd’s murder. Big Tech companies made many diversity, equity, and inclusion promises after Floyd’s murder in 2020. We used charts to see how each company is doing, two years later.

More than 200 tech companies promised sweeping changes, including vows to hire more Black employees. But annual reports, companies’ documents, and interviews with experts show these promises led to little action.
For example, the percentage of Black employees at tech companies increased only marginally since 2020 — only 5% of the tech workforce, 3% of executives, and 1% of founders are Black.
And while Microsoft reported it was more than 20% of the way to reaching its goal to double the number of Black directors, partners, and execs, some Black employees said its progress was too little too late.

View the charts that break down companies’ progress.

In other news:

Jeff Bezos’ superyacht &quotFlying Fox&quot anchored offshore of Yali neighborhood of Mugla, Turkey on November 02, 2021.

2. Vacations look a little different for tech’s billionaire execs. Industry moguls like Jeff Bezos and Richard Branson spend their vacations cruising on yachts, visiting their own private islands, and frequenting national parks. See how tech execs vacation.

3. These 30 leaders are driving the electric-vehicle revolution. We asked EV companies to nominate the people most likely …read more

Source:: Businessinsider

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