Oracle and Palantir said diversity figures were trade secrets. The real secret: Embarrassing numbers
‘A very real threat’
Oracle argued that “there is a very real threat to its competitive position” if its workforce diversity were to be exposed. Any such advantage to a competitor, Oracle argued, “may have a very significant and detrimental impact on Oracle’s business.”
So watch out, investors – the competitive positions of Oracle, Palantir and Pandora are about to take a big hit. That’s if you believe the companies’ arguments that releasing their diversity numbers will cause “substantial competitive harm.”
Thanks to our lawsuit, we now know that just under 13 percent of Oracle’s executives in 2015 were women, including co-CEO Safra Catz. Two-thirds of major Silicon Valley companies had a better representation of female executives that year. And like Palantir, Oracle’s workforce was 90 percent white and Asian.
13% in 2015? Makes me wonder if that number is even lower today. I bet a lot of them were given severance packages. They probably hit a salary cap, and we all know the rumor that MH does not like women over 40.
https://www.revealnews.org/article/oracle-and-palantir-said-diversity-figures-were-trade-secrets-the-real-secret-embarrassing-numbers/