Microsoft to add $150 mn on diversity, double Black leaders

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 in an email to employees that was posted on the company’s website.

Microsoft and other large technology companies have come under fire for poor workforce diversity and hiring and promoting few Black executives and managers despite several years of public data reporting and pledges to improve.