“Gender diversity in the San Francisco Bay Area technology sector has improved over the last five years, but the region’s most gender-diverse businesses are in the retail, biopharmaceuticals and financial services sector, a new study from the University of California, Davis, found,” Sarah McBride reports for Reuters. “Out of the 223 largest publicly traded companies headquartered in the Bay Area, more than one third had either zero or just one top position held by a woman, the study found.”
“Still, that represents a big improvement from five years ago, when almost two-thirds of Bay Area companies had either zero or one top position held by a woman,” McBride reports. “Retailer Williams-Sonoma, biopharmaceutical company Medivation and bank Wells Fargo ranked as the companies with the most high-ranking positions held by women, researchers said. In the technology sector, the most diverse player was software company Zendesk, tied for No. 4. Search engine Yahoo, led by Chief Executive Marissa Mayer, tied for No. 8.”
“In the UC Davis study, iPhone maker Apple ranked No. 25, social network Facebook No. 30 and search engine Google No. 68 among Bay Area companies on gender diversity,” McBride reports. “Chipmaker Intel, which at the start of the year said it would spend $300 million over five years to improve diversity, ranked No. 48. Networking company Cisco Systems , which started releasing diversity figures a decade ago, ranked No. 41.”
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MacDailyNews Take: Out of 223 companies, No. 25 for tech company, is remarkably high on the list, especially given that women receive far fewer bachelor degrees in the computer sciences (18.2%), engineering (19.2%), physics (19.1%), and mathematics and statistics (43.1%) (Source: NSF, Women, Minorities, and Persons with Disabilities in Science and Engineering, 2015).
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