SAN JOSE: The Rev. Jesse Jackson plans to lead a delegation to the Hewlett Packard annual shareholder meeting today to bring attention to what is being called Silicon Valley’s poor record of including blacks and Latinos in hiring, board appointments and startup funding.
“We’re talking about a sector that responds to future trends,” said Michael C. Parker, president and CEO of the Executive Leadership Council, a group of current and former African-American Fortune 500 executives.
Earl “Butch” Graves Jr., president and CEO of Black Enterprise magazine, said technology companies don’t come close to hiring or spending what is commensurate with the demographics of their customers.
About one in 14 tech workers is black or Latino both in the Silicon Valley and nationally.
Blacks and Hispanics make up 13.1 and 16.9 percent of the U.S. population, respectively, according to the most recent Census data.