Facebook on Thursday announced it will commit $200 million to Black-owned businesses and organizations.
Facebook will also commit to increase the representation of people of color in the company's leadership positions by 30%, including 30% more Black people, COO Sheryl Sandberg said.
"The past few weeks have compelled us to confront the reality of violence and injustice which members of the Black community face on a daily basis,"announcing the company's initiative. "We have shared words of support for our friends, colleagues and communities. We need to take action as well." Facebook will also commit to increase the representation of people of color in the company's leadership positions by 30%, including 30% more Black people, over the next five years, Sandberg said.
Additionally, Facebook is adding a new section to its app called Lift Black Voices that spotlights stories from Black people and includes education resources, Sandberg said.
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