As companies across the country face heightened scrutiny of their record on racial diversity, Target pledged Thursday to increase representation of Black employees across its workforce by 20% over the next three years.
The big-box retailer’s workforce of nearly 350,000 employees skews White, particularly among its top executives. About 75% of its leadership team is White and 8% are Black, based on 2019 data. That rises to nearly a quarter, however, when including all people of color like Latinos and Asians. Its overall workforce — which includes hourly store employees who stock shelves and check out customers — is more mixed, with 50% made up of White workers, 25% Latino and 15% Black, as the top three groups.
While pledging to do better, Target referred to strides it has made. It said it has doubled representation of company non-White officers in the past five years to nearly 30%. Of that, though, only 5% are Black.
Source: CNBC