THE TURMOIL OVER ‘BLACK LIVES MATTER’ AND POLITICAL SPEECH AT COINBASE. The CEO of the cryptocurrency pioneer declared political discussions out of bounds—then gave employees a week to agree or […]
PAY PAL POURS MILLIONS INTO BLACK AND LATINO-LED VENTURE FUNDS. Oct. 28, 2020 In June, amid nationwide protests against systemic racism and police brutality, PayPal pledged $530 million to support Black-owned businesses […]
MICROSOFT’S DIVERSITY EFFORTS SLOW AFTER PROMISE TO DOUBLE BLACK WORKFORCE. Black and Hispanic representation at the company rose 0.3 percentage points in 2020 . By Morgan Phillips Microsoft Corp., which in […]
J.P. MORGAN TO COMMITT AN ADDITIONAL $30 BILLION TO HELP REDUCE SYSTEMATIC RACISM. J.P. Morgan Chase & Co. said Thursday that it will spend an additional $30 billion over the […]
ANOTHER BIG INVESTMENT IN RACIAL JUSTICE. Square’s $100 million plan to invest in Black communities. Jack Dorsey’s financial company — known for its credit-card readers, Cash payments app and Square […]
WELLS FARGO SEES EVEN FEWER QUALIFIED BLACK PEOPLE THAN IT SAW WOMEN QUALIFIED FOR HIS JOB. Affirmative inaction beneficiary Charlie Scharf doesn’t understand why he only wants to hire white […]
WHAT’S MISSING FROM CORPORATE STATEMENTS ON RACIAL INJUSTICE? THE REAL CAUSE OF RACISM. On August 31, Airbnb launched Project Lighthouse, an initiative meant to “uncover, measure, and overcome discrimination” on the […]
WHOLE FOODS MANAGERS TO TALK UP DONATIONS WHILE ENFORCING BLM BAN. Whole Foods is advising managers to “talk about donations” the supermarket chain and its parent Amazon have given to […]
BLACK EMPLOYEES AT NIKE OBJECT TO COMPANY’S NEW AD. A group of black Nike employees voiced repeated objections to the release of a recent ad by the company, people familiar […]
IF CORPORATIONS REALLY WANT TO ADDRESS RACIAL INEQUALITY, HERE ARE 9 THINGS THAT ACTUALLY MAKE A DIFFERENCE. Since protests over the killing of George Floyd erupted across the country, I’ve received numerous […]
WHEN A BRAND STANDS UP FOR RACIAL JUSTICE, DO PEOPLE BUY IT? Recent protests demanding social justice and the affirmation of the Black Lives Matter (BLM) movement have provoked a flurry […]
SNAPCHAT’S WORKFORCE IS JUST 4% BLACK. “To date, our DEI (Diversity, Equity & Inclusion) outcomes simply have not been good enough,” Snap said in the report. “We will hold ourselves […]
FACEBOOK’S RECORD ON RACE IS ONLY LOOKING WORSE. The social media giant reportedly suppressed racial bias research, allegations that come amid broader frustrations with Mark Zuckerberg’s management from Facebook employees […]
ADDRESSING RACIAL INJUSTICE. As I shared in our Employee Town Hall last month, and in my email earlier this month, we are committed to take action to help address racial injustice and inequity, and unequivocally […]
CISCO FIRES WORKERS FOR RACIAL COMMENTS DURING DIVERSITY FORUM. During a series of Cisco Systems Inc. online all-hands meetings on race in early June, some workers posted comments in message channels that […]
COSTCO DIDN’T ENFORCE ITS DRESS CODE — UNTIL EMPLOYEES STARTED WEARING BLACK LIVES MATTER MASKS. Employees say that despite its public statements about supporting Black employees, the company is selectively […]