Facebook Inc. (NASDAQ:FB), Twitter Inc. (NYSE:TWTR) Apple Inc. (NASDAQ:AAPL) And Google Inc. (NASDAQ:GOOGL) have over the years affirmed their commitment in improving gender and ethnic diversity at their workplaces mostly pertaining to tech positions. But as Bloomberg’s, Scarlet Fu, reports, it is a completely different picture on the inside as the companies continue to discriminate against women and the minorities.
Silicon Valley has over the years been under immense scrutiny for being overwhelmingly white and overwhelmingly male with the minority most of the time being allocated the less demanding jobs. A number of groups and civil rights organizations have started engaging in talks with industry leaders and experts to try and seek public awareness about the shortage of minority representation.
“When you limit it to tech jobs so we are stripping out administrative operations, sales positions; women make up less than 20% of the staff, 16% on average at Twitter Inc. (NYSE:TWTR), Apple Inc. (NASDAQ:AAPL), Google Inc. (NASDAQ:GOOGL) and Facebook Inc. (NASDAQ:FB),” said Mrs. Fu.
Most of the technical jobs according to numbers released by Twitter Facebook and Google are usually allocated to whites and Asian men. The disparity comes in the wake of studies showing that companies with gender and ethnic diversity tend to be more curative and productive.
Google Inc. (NASDAQ:GOOGL) has on its part affirmed its commitment to solving the standoff and is believed to be training its managers on being more aware of hidden biasness. Facebook Inc. (NASDAQ:FB) on the other and is believed to be working with professional groups into assisting more girls and minority children interested in pursuing technical course most of the time left for boys.
“The breakdown by race is even more lob sided; Hispanic and blacks make up a combined 6% of tech jobs of this four companies,” said Mrs. Fu.
The point of concern has always been that the rate at which the minorities graduate with the required qualification has always been twice the rate at which Twitter Inc. (NYSE:TWTR), Apple Inc. (NASDAQ:AAPL) and Google Inc. (NASDAQ:GOOGL) and have been hiring. This has only gone to render most of the highly qualified minorities jobless despite having the required qualifications.
Free Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks
Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.