Google commits $175 million to Black businesses and promises to diversify leadership

Google CEO Sundar Pichai said the company will commit $175 million toward supporting black businesses.

Black employees account for just 3.3 percent of Google's overall workforce, withThe $175 million "economic opportunity package," will go toward supporting Black business owners, startup founders, job seekers and developers, Pichai said. $50 million will go toward financing and grants for small businesses, focused on the Black community.

Pichai went on to announce several commitments to build "sustainable equity for the "Black+" community, adding that it will help Google build more helpful products for users. The company said it counts "multiracial people as a member of all the racial categories they identify with" and uses + to represent this..

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