Intel Says on Target to Exceed Diversity Hiring Goals for 2015Ian King
Intel Corp., the world’s largest chipmaker, said it’s hiring under-represented minorities at a faster pace than targeted as the company works toward increasing diversity in its workforce.
Intel hired 1,035 women, 139 blacks, 222 Hispanics and 9 Native Americans in the first six months of the year, the company said in a report posted online. In total, 43.3 percent of its U.S. hires in 2015 were women or under-represented minorities compared with an annual target of 40 percent, Intel said.
Like other Silicon Valley companies, Intel has come under increasing scrutiny for its lack of women and black employees. Chief Executive Officer Brian Krzanich has responded by promising to spend $300 million to make the gender and ethnicity of his workforce representative of the U.S. population by 2020. He’s also said he’ll tie executive pay to that goal and announced an investment fund for startups run by minorities.
“Our early strides encourage us, yet we know many challenges remain in achieving our 2020 goals,” Intel said in the report.
Intel, one of the first companies to publish details on the makeup of its employee base in 2002, said its U.S. staff was 24.1 percent female, 3.5 percent black and 8.3 percent Hispanic as of July. About 0.5 percent were Native Americans, the company said.
Intel said about 54 percent of its 53,702 U.S. employees were white and about 32 percent were Asian as of July. The company had 104,302 employees worldwide.
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