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After controversy, Cisco commits $100 million to broad social-justice pledge, including increasing Black workers and leadership
Marketwatch ^ | Sept. 23, 2020 | Levi Sumagaysay

Posted on 09/26/2020 11:29:22 PM PDT by nickcarraway

Company fired workers this summer for comments about the Black Lives Matter movement in internal meetings

Cisco Systems Inc., which fired some employees over the summer for comments about racism and Black Lives Matter during virtual staff meetings, unveiled a social-justice platform that delves deeper into those issues on Wednesday.

The Silicon Valley networking giant said its commitment — which includes giving all employees a day off to vote — is a first step to “expanding opportunities and support for Black communities.”

“We’re hoping these actions serve as a combination of inspiration and action,” Fran Katsoudas, executive vice president and chief people officer of Cisco, said in an interview Tuesday.

Cisco CSCO, +1.58% vowed to increase the representation of Black people among its employees companywide by 2023, specifically by boosting those numbers 25% at the employee-through-manager level and by 75% at the levels of director, vice president and higher. According to its 2019 diversity report, 3.8% of the company’s overall U.S. workforce was Black, and those numbers were even lower at the leadership/manager and VP levels, at 2.2% and 1.8%, respectively. There are no Black people at the executive level.

The San Jose, Calif.–based company further said it will focus on increasing diversity among its directors. Its board is composed of three women and seven men. There are no Black directors on the board. One of the men, Arun Sarin, is Indian American, and one of the women, Lisa Su, is Taiwanese American.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; US: California
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1 posted on 09/26/2020 11:29:22 PM PDT by nickcarraway
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To: nickcarraway

If you’re black and have your act halfway together you’re set for life. There are so many companies out there drooling to put your on the express track to an executive level position.


2 posted on 09/26/2020 11:31:56 PM PDT by jarwulf
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To: nickcarraway

glad i dont use their products.


3 posted on 09/26/2020 11:38:11 PM PDT by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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To: Secret Agent Man

At this point its frankly too late. Practically every major corporation has jumped on the SJW bandwagon and its impossible to boycott them all without living like the Amish or something. Its really nobody’s fault except conservatives who sat around with their thumb up their butts as the leftists took over every institution in society. Maybe we’re due for another dark age and theres nothing to do except wait for the craze to burn out. Could be a generation could be 10 generations.


4 posted on 09/26/2020 11:50:15 PM PDT by jarwulf
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To: Secret Agent Man
glad i dont use their products.

Seriously?! Free Republic runs on them!

Regards,

5 posted on 09/26/2020 11:51:25 PM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: nickcarraway

I guess most companies want to pander themselves out of existence.


6 posted on 09/26/2020 11:55:50 PM PDT by Trillian
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To: nickcarraway

I’m betting Al Sharpton and Jesse Jackson are angry as hell because they weren’t a part of the shakedown of all these companies donating to BLM. They made most of their money that way.


7 posted on 09/26/2020 11:58:27 PM PDT by mass55th ("Courage is being scared to death, but saddling up anyway." ~~ John Wayne)
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To: jarwulf
It started in the '80s when homosexuals began to infiltrate Human Resource departments. They really just wanted to manipulate hiring to get a higher rate of homosexuals hired. They had to be careful in the beginning, it was a long-term plan.

It was a success far beyond what they thought and they were able to create "diversity" rules that locked down conservatives (if they wanted a job, that is.) Now the HR departments are mostly left-wing radicals and so are the executives.
8 posted on 09/27/2020 12:01:02 AM PDT by \/\/ayne (I regret that I have but one subscription cancellation notice to give to my local newspaper)
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To: jarwulf

Yes, true.


9 posted on 09/27/2020 12:01:23 AM PDT by nickcarraway
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To: \/\/ayne

For Corporate America maybe but I think the ball got rolling back with FDR and you could maybe trace the origins back to the 1800s and the French Revolution. The Right just seems to tend toward a reactive strategy which is no way to fight a modern war. Even as they subsume philosophies that used to be on the Left such as classical liberalism.


10 posted on 09/27/2020 12:25:33 AM PDT by jarwulf
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To: nickcarraway
yea, let's spend more money on pathetic loosers who have done nothing but complain how someone did them wrong.

Now this company is a pathetic looser, hope it gets bought by another looser, China.

11 posted on 09/27/2020 1:05:41 AM PDT by Herakles (Diversity is applied Marxism!)
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Corporate Marxism.

FU, Cisco


12 posted on 09/27/2020 1:10:37 AM PDT by Gene Eric (Don't be a statist!)
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To: jarwulf

So true. I think if they don’t display a bit of thug behavior and can read and write they are definitely set for life. Between businesses, politics, education, blacks will be in 75 percent of the positions.


13 posted on 09/27/2020 2:01:16 AM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016)
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To: Secret Agent Man

I just sold my stock


14 posted on 09/27/2020 3:19:54 AM PDT by ronnie raygun ( Massive mistakes are made by arrogant fools; massive evils are committed by evil people.")
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To: nickcarraway
The hard truth is that "Civil Rights" legislation destroyed the 14th Amendment.

The courts ignored the Constitution, and acted like liberal legislators by upholding "Civil Rights", which was nothing more than legalized discrimination.

The discrimination against whites used to be subtle, but now it is full on racist.

15 posted on 09/27/2020 3:25:44 AM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: nickcarraway

They were always a far-left outfit.


16 posted on 09/27/2020 4:32:22 AM PDT by Tax-chick ("What we can see of God's canvas is laughably small." ~Bp. Barron)
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To: Herakles

Sell your stock if you have any in that company.


17 posted on 09/27/2020 4:35:20 AM PDT by oldasrocks
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To: Trillian
Corporate pandering is the classic shooting yourself in the foot. Are the head goons stupid, ignorant, senile, brain damaged, etc.?
18 posted on 09/27/2020 4:39:34 AM PDT by kickstart ("A gun is a tool. It is only as good or as bad as the man who uses it" . Alan Ladd in 'Shane')
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To: Secret Agent Man
glad i dont use their products.

Lol. The whole damned internet runs on Cisco switches and routers.

19 posted on 09/27/2020 5:17:05 AM PDT by Musket (It's very simple:<i>your quoted text pasted here</i><p> produces Quoted Italic with paragraph break)
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To: jarwulf

Women too. And if you’re a black woman who is well-spoken and technically adept, the sky is the limit!


20 posted on 09/27/2020 5:36:42 AM PDT by Dubh_Ghlase (Oh boy!)
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