Snap Inc. revealed the gender and racial makeup of its workforce for the first time, following other technology companies in acknowledging it has far more work to do.
The parent company of Snapchat said it will double the number of women in tech roles by 2023, according to a blog post Wednesday. Currently, women make up 16% of the tech workforce and 7% of the tech team leadership.
Snap will also double the representation of U.S. racial and ethnic minorities by 2025, with a long-term goal of reflecting the diversity of the places where Snap has offices. Black and Latino workers make up 4.1% and 6.8% of Snap’s workforce, respectively.
Snap chief executive officer Evan Spiegel previously critiqued the practice of releasing annual diversity reports, saying it would normalize the lack of inclusion in the industry. The company’s commitment now comes as part of a broader effort to change “things that we can most directly impact, like our pay practices, hiring and inclusion programs, tax strategy, supply chain, and energy consumption,” Spiegel said in the post. “We believe that the greatest long-term limitation on the growth of Snap is the success of our broader society, and we will invest accordingly.”
Snap’s full report, called CitizenSnap, is here.
More must-read tech coverage from Fortune:
- A look at the high-tech camera feature that could raise iPhone prices
- Tinder has a new CEO
- Bethenny Frankel on her latest business ventures and how she became a self-made mogulNeed extra money? See if you qualify for a legal payout from Apple, Facebook, and others
- These big companies have cut the most daily ad dollars during the Facebook boycott
Read More: https://www.kbcchannel.tv | For More Business Articles | Visit Our Facebook & Twitter @kbcchanneltv | Making The Invisible, Visible