March 9, 2021
318
9
5
4.40%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
7:09Now PlayingIt used to be difficult to get information about the racial makeup of a company’s workforce. That’s quickly changing, at least for the largest U.S. companies, offering a revealing look at how much progress they need to make to reflect the population at all levels.
As part of an initiative to track the corporate response to the Black Lives Matter movement, Bloomberg has obtained detailed breakdowns of U.S. employee counts by race and gender across job categories for 37 out of 100 of the nation’s biggest corporations, up from 25 last fall. An additional 30 companies pledged to provide the information in the near future.
“This is a significant step forward in measuring diversity within companies,” said Alison Omens, chief strategy officer at JUST Capital, which has been pressuring companies to release such data. “Disclosure in the first step in advancing racial equity.”
The data obtained by Bloomberg paint a picture of companies still struggling to add more Black and Hispanic workers, especially in the upper ranks. Only 4 of the 37 companies had Black people in 10% or more of executive and management roles, even though Black people make up about 13% of the U.S. population. Hispanic representation also trailed national figures at many companies.
Subscribe to our YouTube channel
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
To watch complete coverage on Bloomberg Quicktake 24/7, visit or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.
Connect with us on…
Breaking News on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.