On Monday, leaders of major companies in the United States, including banks and technology giants, decided to form a group to increase job hiring from minority communities in New York.
The New York Jobs CEO Council consisted of chief executives from 27 different companies. The group would hire 100,000 workers from low-income Black, Latino, and Asian communities in ten years.
JPMorgan Chase & Co’s (JPM.N) CEO Jamie Dimon, International Business Machines Corporation’s (IBM.N) CEO Arvind Krishna, and Accenture’s (ACN.N) CEO Julie Sweet would co-chair the group.
Jamie Dimon said that high-achieving people across New York were not given opportunities at the city’s top employers.
According to the press, Amazon.com Inc (AMZN.O), Google (GOOGL), Microsoft Corp (MSFT.O), and Goldman Sachs (GS.N) were also included in the group.
“Today’s economic crisis is exacerbating economic and racial divides and exposing systemic barriers to opportunity,” Jamie Dimon stated in an interview with the Wall Street Journal.
“Young people in low-income and minority communities feel this failure the most. Unless we actively work to close the gap, COVID-19 will make matters worse,” City University of New York’s Chancellor Félix V. Matos Rodríguez incited.