Don’t miss the latest developments in business and finance.

Facebook records 38.2% increase in people of colour as leaders in last year

Facebook said that it has achieved a 38.2 per cent increase in Black leaders due to strong recruiting and increased focus on retaining top talent across the company in the last one year

Facebook
Photo: Reuters
IANS San Francisco
2 min read Last Updated : Jul 17 2021 | 1:51 PM IST

Facebook said that it has achieved a 38.2 per cent increase in Black leaders due to strong recruiting and increased focus on retaining top talent across the company in the last one year.

Facebook said that it will continue striving for an overall 30 per cent increase in representation of people of colour in the US, including Asian and Hispanic people, in leadership roles in five years.

"We increased representation of women in technical, non-technical and leadership roles globally as well as Black and Hispanic employees in the US," the social network said in its latest diversity report.

"Representation of women globally, combined with underrepresented minorities, people with disabilities and veterans in the US slightly outpaced our ambitious growth, and today make up 45.6 per cent of our workforce, up from 45.3 per cent in 2020," Facebook informed.

Facebook said that it is on track to meet its goal of spending $1.1 billion with diverse-owned businesses, and donating to underrepresented creators and nonprofits this year.

The company aims to double the number of women employees globally and double the number of Black and Hispanic employees in the US.

Also Read

"By 2024, our goal is to have at least 50 per cent of our workforce comprised of women globally, and underrepresented minorities, people with two or more ethnicities, people with disabilities and veterans in the US," it added.

--IANS

na/

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

More From This Section

Topics :FacebookHiringRecruitment

First Published: Jul 17 2021 | 1:51 PM IST

Next Story