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Big Take

US Companies Pledged To Improve Workplace Diversity. And They Have

Sep 25, 2023
25:27
Snipd AI
US companies have made progress in improving workplace diversity after pledging to address racial disparities. The podcast explores the challenges in obtaining diversity data, maintaining diversity during layoffs, and the future prospects of workplace diversity. It discusses the use of AI and trusted data, as well as the impact of external pressure on increasing board diversity.
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Quick takeaways

  • US companies have made progress in increasing workplace diversity, with 94% of net new employees being people of color.
  • Despite progress, some companies still struggle to achieve equity in terms of black executives.

Deep dives

Increase in Representation of Black and Latino Employees

More brands and businesses are pledging to increase the number of black and Latino employees they hire. Adidas plans to hire more black and Latino employees by the end of next year. Bank of America aims to address racial and economic inequalities by partnering with community colleges and universities. Microsoft CEO Satya Nadella has outlined plans to double the number of black managers and senior leaders in his company over the next five years.

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