Estimated reading time: 0 minutes, 46 seconds

Riddle: What’s Mostly White and Male All Over? Answer: Facebook

It’s practically a cliché by now. Silicon Valley companies are synonymous with “high-tech,” “forward-thinking,” “progressive;” virtually any adjective that connotes modern corporate America. So reports CNN Money.

And now, evidently, some of the leading social-media giants have earned yet another distinction: they lack diversity, and in a big way. According to a voluntary diversity report issued by Facebook, more than three-quarters of its management team is comprised of men, not to mention a staggering 85% of its tech employees.

What’s more, well over half the firm’s workforce is white and a third Asian; blacks and Hispanics together add up to 6%. Chief Operating Officer Sheryl Sandberg and Yahoo CEO Marisa Mayer notwithstanding, Facebook’s compatriots Yahoo, Google, LinkedIn and numerous others reported analogous figures.

Some of their competitors, including Apple, Microsoft and Hewlett-Packard, couldn’t make similar dubious claims. The reason: they refused to disclose their diversity statistics.

Read the full article from CNN Money.

Read 4367 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.