25% of Walmart Employees in the US Are Women and People of Color
[Asia Economy Reporter Yujin Cho] According to Bloomberg News on the 26th (local time), US retailer Walmart has increased the proportion of Black executives among its key management to 8.4% as part of efforts to address racial inequality.
According to various reports released by Walmart on the same day, as of the end of January, the proportion of Black executives among Walmart's key management increased by 1.5 percentage points compared to the end of the first half of last year (6.9%).
During the same period, the proportion of female executives rose by 2 percentage points to 32.8%. Among general employees, people of color, including Black employees (8.42%), accounted for 25%.
Following the death of George Floyd in May last year, Walmart announced that it would disclose the racial composition of its workforce twice a year and donate $100 million over five years to activities aimed at eliminating racial discrimination.
The donations will be used to support communities of color, including providing COVID-19 vaccine information and assistance with student loan repayment.
Like other US companies, Walmart faces pressure to increase racial equity in hiring, promotions, and business practices, CNBC reported.
Ben Saba Hassan, Walmart's Chief Diversity Officer, said, "Last year, people of color accounted for 55% of Walmart's new hires, and half of them were women."
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Walmart, the largest employer in the US, employs approximately 1.53 million people nationwide.
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