NEW YORK - UBS Group AG said on Monday that 38% of its employees in the Americas at the end of last year were women and 25% were people of color, adding that it aims to increase the diversity of its workforce.
“Where we see breakage in the pipelines is roughly around the director level,” UBS Americas President Tom Naratil said in an interview. “That is where the pyramid starts to narrow.” UBS’ disclosures come as banks and other large corporations come under pressure from governments and investors to employ more diverse staff, particularly at senior levels.
The UBS report listed initiatives the bank has undertaken over the past few years to improve diversity, such as requiring external recruiting agencies to deliver multiple diverse candidates for open roles.
There was a time when those thought to be the best were hired/promoted. Now the goal is to be 'diverse'. Merit be damned.
Did they pass?
Really, too left wing for me 🍗
Oh joy.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Namaste Trump!' India's Modi Welcomes U.S. Leader With An Epic PartyPresident Trump told a cheering crowd of more than 100,000 people that Indian Prime Minister Modi is 'a man I am proud to call my true friend.' And Modi, as Trump's friend, evidently knows how to greet him when he visits — with throngs of adoring fans. Show the pictures of people leaving as he speaks. So gross I mean, I think it goes without saying, but I feel the need to throw this out here: Donald Trump has no true friends.
Source: NPR - 🏆 96. / 63 Read more »
Marvel's Kevin Feige almost quit over lack of diversity at Marvel StudiosFeige is currently spearheading Marvel Studios' Phase 4, which includes the push to Disney+ for the Marvel Cinematic Universe. Stunning and brave.... Lmao please TitaniaMcGrath swing away. Oooh ok white knight.
Source: Newsweek - 🏆 468. / 52 Read more »
Bank of America veteran deal-maker Boueiz resigns after 21 years: sourceBank of America's seasoned deal-maker Wadih Boueiz has resigned after a car... Yes Sir! I know Friggin thieves. Go elsewhere.
Source: Reuters - 🏆 2. / 97 Read more »
Rest in Power: Katherine Johnson, NASA MathematicianThe woman whose story was the basis for 'Hidden Figures' has passed away at 101.
Source: papermagazine - 🏆 409. / 53 Read more »
If Democrats Aren’t Terrified of Bernie, They’re Not Paying Attention'A liberal party drifting helplessly along as a small radical cabal steers it toward likely catastrophe? I didn’t think it could happen here.' jonathanchait writes jonathanchait Add it to the long list of things Chait hasn't seen coming. jonathanchait Omgggggg stfu lol jonathanchait Honestly, what would expect jonathanchait to write!?
Source: NYMag - 🏆 111. / 63 Read more »
Katherine Johnson, NASA Mathematician From Hidden Figures, Dies At 101Katherine Johnson, a scientist who was portrayed in Hidden Figures, has died at age 101.
Source: Refinery29 - 🏆 26. / 68 Read more »