Despite some feeble efforts by Intel Corp. (NASDAQ: INTC) to diversity its worker base, only 3.7% of its workforce is black. This is against 13.2% of the general population.
Blacks are not the only group underrepresented on the chip company’s payroll. The white representation is 50.8%. Men make up 74.5%.
Intel says it is far from its diversity goals. The reality is that it is very, very far away.
Management wrote in the Intel Diversity Progress Report, Mid-Year 2016:
Since setting our diversity and inclusion goals in January 2015, we’ve diligently conducted research, collected data, and implemented creative solutions to help propel us towards a new era of innovation. Mid-way through our second year, we’re closer to reaching full representation of women and underrepresented minorities in our US workforce—but there’s still a great deal of work to be done. At Intel, we believe it’s critically important to share our successes and our failures, both to hold ourselves accountable as well as help other companies learn from the process.
The progress is painfully slow enough that Intel has a large chance of not making it at all.
In January of 2015, we set an ambitious goal to be the first high tech company to reach full representation of women and underrepresented minorities in our US workforce by 2020. We committed $300M to support this goal and our efforts span these core programs and objectives:
- Achieve full US workforce representation through focused hiring and retention programs.
- Grow the pipeline of technical talent for the industry at large with innovative partnerships with schools, colleges, and universities.
- Improve diversity in our supply chain and invest in diverse entrepreneurs of emerging technologies.
- Support women in gaming and other online communities with innovative programs like Hack Harassment, which aims to combat online harassment.
- Continue to share our progress and show our belief in transparency by publishing our results every year. It keeps us accountable and we hope it encourages others to be equally transparent.
Given the height of the hurdles, the chance of clearing them is small.