The lack of gender and racial diversity in the tech space is no longer a “secret.” According to data from Statista, while the percentage of employed women across all job sectors in the United States has grown to 47%, the five largest tech companies on the planet — Amazon, Apple, Facebook, Google and Microsoft — have a workforce of only about 34.4% women. This misrepresentation extends to the C-suite as well, with 31% of large tech companies lacking any women of color as executives.
It’s clear that the tech workforce today doesn’t fully represent the communities in which we live or the consumers or customers we serve. But the renewed attention given to diversity and inclusion has resulted in positive reactions from leaders in the tech sphere that could change that.
In June, Reddit co-founder Alexis Ohanian voluntarily resigned as a member of the Reddit board of directors, asking to be replaced by a black candidate. His vacancy was filled by Michael Seibel, a partner and the CEO of Y Combinator. Just last week, Facebook announced a program to measure how well their executives are handling diversity and inclusion initiatives, tying them to bi-annual performance reviews. And Google CEO Sundar Pichai recently said the company will add more black and “underrepresented” employees to leadership positions, promising a 30% increase in diversity by 2025.
Major tech companies like Google, Facebook and Reddit, among many others, have announced these efforts to promote diversity and inclusion in their organizations. So, what are we waiting for in the blockchain space? The point is, we don’t have to wait, given the newness of our industry. If we take action now, we can address these issues faster, more comprehensively and more directly.
Related: Cointelegraph Talks Recap: Challenges and Opportunities on the Road to Diversity and Inclusion in Crypto
The blockchain industry is revered for its willingness and effectiveness in challenging legacy ...