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Intel says on target to exceed diversity hiring goals for 2015

Thursday, August 13, 2015 - 07:22
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Intel, 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.

[SAN FRANCISCO] Intel, 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 per cent of its US hires in 2015 were women or under-represented minorities compared with an annual target of 40 per cent, 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 US$300 million to make the gender and ethnicity of his workforce representative of the US 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 US staff was 24.1 per cent female, 3.5 per cent black and 8.3 per cent Hispanic as of July. About 0.5 per cent were Native Americans, the company said.

Intel said about 54 per cent of its 53,702 US employees were white and about 32 per cent were Asian as of July. The company had 104,302 employees worldwide.

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