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Silicon Valley's Diversity Record - 8/19/15

The recent elevation of Indian-born Sundar Pichai to CEO of Google represents another instance of someone from a minority group rising to the top in Silicon Valley.  People of Indian origin also serve as CEOs at companies like Microsoft and Adobe Systems.  But despite the presence of these very visible tech stars, Silicon Valley has actually had a relatively poor diversity record. 

For instance, Twitter’s global workforce is seventy percent male and thirty percent female, but within technology categories, men make up ninety percent of workers.  Their overall workforce is only twelve percent non-white or Asian, but among technology workers, this proportion falls to eight percent.  As reported by CNNMoney, only four percent of Twitter’s senior management team are non-white or non-Asian and nearly four in five are men. 

At Google, eighty three percent of technology jobs are held by men – at Facebook and Yahoo – eighty five percent.  This state of affairs appears about to change.  Many of Silicon Valley’s most noteworthy companies like Pinterest and Pandora maintain internship programs with large numbers of women, racial and ethnic minorities.  As reported in Bloomberg Business, tech firms try to convert about half or more of their interns into full time hires.

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.