Former chip giant Intel claims that it’s moving to redress its attitude to women by spending $100 million worldwide to support businesses they run.
Barbara Whyte, who is Intel’s diversity and inclusion office, told an audience in Hamburg: “Diversity and inclusion are critical underpinnings to our constantly evolving culture at Intel.”
She added: “They [women] accelerate our ability to consistently innovate and drive the business forward.”
Intel has made efforts to hire women and minorities and has pledged to reach full representation by 2020.
The company said that IBM and Pfizer have also jumped on the bandwagon and have committed to making similar efforts.
It’s widely known that women executives in Silicon Valley routinely earn less than their male counterparts.
But Intel’s Whyte stayed mum on the matter at the conference.
