Wednesday, July 6, 2016

How Silicon Valley's Diversity Problem Created A New Industry - FASTCOMPANY

by Ruth Reader
Originally published: July 5, 2016

A number of recent startups could actually make a dent in the diversity stats at major tech firms.

In the last two years, diversity practices at major Silicon Valley tech companies like Google, Facebook, and Twitter have been held under a microscope. The big question everyone seems to be asking is "Why are these companies overwhelmingly made up of white men and what can be done to cultivate more diverse talent?"

To address Silicon Valley’s continued failure to both hire and retain workers of color, a small market of recruitment tech and workplace collaboration applications have cropped up to show them the way—and profit in the process. Call it the "diversity market."

The majority of these companies popped up in 2014, the same year many tech companies first started opening up about who they were employing. Since then others have joined the flock.