Microsoft Corp. has announced it will tie executive bonuses to workforce diversity goals as the tech industry continues to struggle to increase the number of women and minorities in the workplace.
Microsoft (NASDAQ: MSFT) instituted the new bonus rule after the company witnessed a decline in its number of female employees for the second consecutive year, down to 25.8 percent from 26.8 percent, according to Bloomberg. The decline is due in large part to the company divesting itself of its Nokia handset factory, which employed a significant number of women, the report added.
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