Posts in Tag

Diversity

It is easy to see the recent tech layoffs as businesses simply restructuring and cutting funds where they see fit. However, it is crucial for us to remember that behind every job cut is the new reality of someone’s life. Being Black in the workplace A recent TikTok video of a Black woman sharing her pain and frustration after being laid off from her job has triggered an all-too-familiar feeling amongst Black professionals.    YouTuber and TikTok user @aestheticsconash posted a video on her social media shortly after being fired

Two years after the Big Tech companies pledged to fight racism, Black and Brown employees still bear the brunt of recent layoffs sweeping the industry.  DEI teams are shrinking rapidly – here’s why.  Hiring for DEI roles first ramped up during Black Lives Matter protests in 2020. Tech companies pledged to boost their diversity efforts. According to Bloomberg, listings for DEI jobs have now dropped by 19% – a more significant drop than human resource or legal jobs.  Many Big Tech companies that pledged to boost their diversity efforts have

Female and Latinx-founded fintech company, Mendoza Ventures, has taken a massive step in its move to invest in underrepresented startups.   Bank of America’s Investment  Mendoza recently achieved a first close on its third $100M fund to further their work to support startups founded by diverse founders.   The fund, led by Bank of America (BofA), included Grasshopper Bank alongside multiple other investors. The anchor funding comes from BofA’s commitment to making capital much more accessible to founders often overlooked by investors.  “Mendoza Ventures is at the forefront of supporting innovation and

The Business of Tech’s Diversity report has revealed that diversity in IT leadership still has a long way to go.  What is The Business of Tech’s report all about?  The report, created by Dave Sobel, examines diversity development in tech leadership. Sobel, the host of The Business of Tech podcast, is a leading expert in delivering technology services. Through his podcast, Sobel discusses uncomfortable topics associated with tech and business – one of which is diversity.  “We love metrics in our industry. We have data and statistics and performance numbers

The tech industry has a diversity problem. At this point, improving diversity in the tech industry is no longer a moral imperative but a massive key to reducing economic inequality.  What is Capital One’s Make Today initiative?  Capital One is using its new initiative to promote diverse tech talent. The banking platforms hope this will be the first step in creating welcoming tech workplaces by building financial technology products that bring diverse perspectives to data solutions.  The Make Today initiative – which will be led by Kimberly Hall, Vice President of Software

A new report by the RAND Corp. has revealed that the success of Pittsburgh’s tech sector heavily relies on the city’s ability to diversify its tech hires.  What did the report reveal?  The report titled “Assessing Pittsburgh’s Science and Technology-Focused Workforce Ecosystem” has disclosed that, among other challenges, Pittsburgh faces a declining population that severely impacts its workforce. According to the report, approximately 18% of Pittsburgh’s employment works in science and technology-focused occupations, which is higher than the national figure of 16%. However, Pittsburgh’s workforce does not reflect the makeup of its population,

Who said braids weren’t professional? Fionnghuala “Fig” O’Reilly is committed to redefining what is deemed “acceptable” in the workplace. The pioneering engineer sparked the attention of hundreds of Twitter users after a photo of herself rocking feed-in braids in the lab went viral.  After becoming the first Black woman to represent Ireland in the Miss Universe competition and becoming the only Black woman in her class to graduate with a systems engineering, O’Reilly is used to beating the odds.  The engineer, who has spent her whole life navigating her dual

A lack of inclusive and welcoming work environments is contributing to poor retention rates among young diverse tech workers, finds a new report by Wiley Edge. In a survey of 2,000 18 to 24-year-old UK tech workers, only 1 in 5 said they liked their company’s culture. Another 1 in 5 felt welcomed by their colleagues. Black respondents were the least—and white respondents the most—likely to say they liked and felt welcome in their company’s culture. When asked why they had ever left or wanted to leave a tech role,

From tech conferences to business challenges, HP’s global chief information officer (CIO) Ron Guerrier, is spearheading the tech giant’s work with HBCUs to build and foster Black talent into tech. Throughout his pathway to IT leadership, Guerrier has made it his priority to speak up about the lack of diversity in the industry. The trailblazer’s new partnership with HBCU is a further testament to his commitment to helping his community break into the sector.     HP’s partnership with HBCUs  Through Guerrier, HP will be working alongside HBCUs to build a

Despite Big Tech’s promises in the summer of 2020, Black and Brown tech employees are finding themselves hard hit by short-sighted cuts to diversity efforts and layoffs. The Great Reset “The great reset” is what San Jose State University’s Professor Ahmed Banafa calls the current climate of tech layoffs, restructuring, and downsizing.  While much of the global economy took a massive hit during the peak of the COVID-19 pandemic, the tech industry thrived. Tech companies made huge profits and hired tens, if not hundreds, of thousands of new staff. Yet, fast forward

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