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Microsoft to Add $150 Million on Diversity, Double Black Leaders

  • Software maker expands tying bonuses, promotions to progress
  • Company pledges to increase business with Black-owned banks
Satya Nadella
Satya NadellaPhotographer: David Ryder/Bloomberg
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Microsoft Corp. said it will add $150 million to its diversity and inclusion investment while working to double the number of Black employees in senior and leadership positions at the company by 2025.

“We are committed to take action to help address racial injustice and inequity, and unequivocally believe that Black lives matter,” Chief Executive Officer Satya Nadella said Tuesday in an email to employees that was posted on the company’s website.