UK businesses are seeking to rewrite tech’s historically poor reputation for diversity, Wiley Edge’s Diversity in Tech 2023 report found. The technology sector continues to be a driving force behind the global economy, with forecasts indicating that it is set only for further growth. However, the sector has yet to fully address an ongoing problem – the lack of workforce diversity. According to the report, as levels of income inequality reach new highs, the tech sector’s diversity dilemma puts it under added pressure to discover new ways of introducing more
The 2023 Diversity in Tech Report found that 59% of businesses surveyed are struggling to retain their diverse tech talent. According to the report, as levels of income inequality reach new highs, the tech sector’s diversity dilemma puts it under added pressure to discover new ways of introducing more Gen Z professionals. Wiley Edge, an emerging talent and reskill training partner for public and private organizations across the globe, shared the results of their 2023 Diversity in Tech Report. The company conducted a detailed survey of senior IT decision-makers and
California is working on passing SB 54, the nation’s first legislation to increase diversity in venture capital. In California, venture capital investments do not reflect the state’s diversity, according to the bill. It states that companies founded or co-founded by women receive far less investment funds than companies founded by men. Additionally, companies founded or co-founded by people of color receive far fewer investment funds than companies founded or co-founded by white people. Black founders have long faced challenges securing funding for their businesses, with VC funding dropping by 36%
An American Association of Advertising Agencies (The 4A’s) report has found unsolved issues in the advertising industry. A step in the wrong direction for diversity While 2021 witnessed a surge in diversity and inclusion efforts, momentum seemingly dwindled in 2022. At the time, numerous corporations embraced more diverse hiring practices and over 200 tech firms committed to change. However, over the last year, these efforts have begun to decrease, including the media industry losing four Diversity, Equity and Inclusion (DEI) leaders in two weeks. Furthermore, the 4A’s report indicated a
Leading global aerospace company Boeing is investing in scholarships in pilot training to grow and diversify talent. Boeing develops, manufactures, and services commercial airplanes, defence products, and space systems for customers in more than 150 countries. The company reports that since 2019, it has invested over $8.5 million to bring pilot training programs to underrepresented populations in communities across the United States. Investing Nearly $1M In Scholarships Boeing is investing $950,000 in scholarships for pilot training to grow and diversify the talent required to meet significant long-term demand for commercial
In the wake of the Supreme Court’s recent halt to Affirmative Action in college admissions, 13 Republican attorney generals have turned their sights towards corporate diversity programs, with tech giant Microsoft amongst their targets. The Lead-Up Tech industry titans such as Apple, Microsoft, and Uber are facing potential legal ramifications as Republican state prosecutors target their workforce diversity programs. This comes in the wake of George Floyd’s murder, a tragic event that catalyzed these companies to publicly commit to enhancing diversity within their ranks. Their ambitious commitments include plans to
Amanda Rajkumar, Adidas’ global head of human resources, is the latest HR lead to depart from her role following the pattern of women leaving DEI roles at major companies. Rajkumar, a British national with parents from the Caribbean, joined Adidas in 2021 to stem an internal uproar over the company’s handling of racism, diversity, and inclusion. However, the company announced last week the departure of their sole remaining female executive board member. Her predecessor Karen Parkin also resigned from the company in 2020 after she described internal discussions of racism as “noise.” Although
The media industry has lost Diversity, Equity, and Inclusion (DEI) leaders over the last two weeks with layoffs and resignations at Disney, Warner Bros. Discovery, Netflix, and the Academy of Motion Picture Arts and Sciences. Who Has Gone? After more than six years, Disney’s chief diversity officer Latondra Newton was the first to exit her role. She oversaw the company’s “commitment to producing entertainment that reflects a global audience and sustains a welcoming and inclusive workplace for everyone.” Disney said she was leaving to pursue “other endeavors.” Netflix’s first-ever head of
Non-profit organization Silicon Harlem has teamed up with AT&T and the New York Urban League (NYUL) to offer opportunities for teens and students to explore tech careers. Silicon Harlem’s new learning lab, which opened Tuesday, invites students to try a new tech-related skill, from augmented reality to creating code. The lab received a major donation from AT&T, allowing them to have the latest technology for the teens in aims to bridge the digital divide and increase diversity. “We want to make sure when it’s time for you all to apply
In the next few days, the U.S. Supreme Court is expected to decide whether or not colleges and universities can continue to consider race in their student admissions process, a practice known as affirmative action. The ruling results from the Students for Fair Admissions (SFFA) lawsuits against Harvard and the University of North Carolina (UNC), which saw the court have oral arguments last year. The conservative majority court appeared ready to eliminate admissions, with race being a factor in decision-making, despite being in law for almost 50 years. Many have
