Black tech worker organizing is on the horizon, and companies are ill-prepared to handle the backlash.
Through the years, more tech companies have been adopting the practice to provide transparency in their employee data. But without the requirement to release this information, measuring inequality within private companies and organizations continues to be more of a challenge without the data to back up the inquiry.
In the coming weeks, New Profit will be unveiling an unprecedented opportunity to spur workforce innovation with equity at its core, powered by $6 million in direct funds. In addition to covering more future of work-related topics here at The Plug, we’ll be inviting you to take part in exclusive virtual information sessions to learn more about how you can partner directly with New Profit as this new initiative unfolds.
Beginning as early as Thursday, May 28, leadership at Twitter, Apple, Salesforce, and others posted public admonitions of racism, anti-Black violence, or police brutality across their social media feeds. On Saturday afternoon, The Plug began collecting public statements made by tech CEOs and executives.
With unemployment stretching across the country and affecting jobs in every sector, Allen and her team at CapWay have been quietly building a digital literacy and banking solution befitting the era of digital-first payments and transactions for the 55 million Americans, 20 percent of whom are Black minorities, left out of traditional banking systems.
Launched in New Orleans in 2016 by founder and serial entrepreneur Sevetri Wilson, the software as a service platform serves a two-sided market enabling grantors like cities, private foundations, and corporations to deploy capital quickly and efficiently, while giving nonprofits expanded tools for compliance, management, training, and funding.