Companies from JPMorgan to Amazon pledge to boost hiring of New York minorities

Aug. 11, 2020 3:34 AM ETJPMorgan Chase & Co. (JPM), IBM, ACN, AMZN, MSFT, GOOG, GOOGL, GSJPM, IBM, ACN, AMZN, MSFT, GOOG, GOOGL, GSBy: Yoel Minkoff, SA News Editor174 Comments
  • Leaders from 27 firms that represent many of New York's leading industries have banded together to create the New York Jobs CEO Council.
  • The organization aims to hire 100K people from low-income Black, Latino and Asian communities by 2030, including 25K jobs and apprenticeships for students from the City University of New York.
  • The co-chairs of the new organization include JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon, IBM (NYSE:IBM) CEO Arvind Krishna and Accenture (NYSE:ACN) CEO Julie Sweet. Other initial members include Amazon's (NASDAQ:AMZN) Jeff Bezos, Microsoft's (NASDAQ:MSFT) Satya Nadella, Google's (GOOG, GOOGL) Sundar Pichai and Goldman Sachs' (NYSE:GS) David Solomon.
  • "Today's economic crisis is exacerbating economic and racial divides and exposing systemic barriers to opportunity," Dimon said in a press release. "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."

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