Intel fleshes out its diversity effort

Intel CEO Brian Krzanich announced that the company had made significant strides in four months in its goal to make its workforce more diverse. Forty-one percent of hires so far in 2015 have been "diverse," which means women or people who are Latino, Native American or African-American, he said. That compares with 32 percent last year. Intel's goal is 40 percent for this year. Of Intel's senior hires, 17 percent are Latino, Native American and African-American, compared with 6 percent last year, and 33 percent are women, up from 19 percent from 2014. "This is real progress," Krzanich said. "We are trying to do inside a corporation what society has tried to do for years." Krzanich also announced that the company by 2020 would spend $1 billion annually with minority suppliers compared with $150 million currently.