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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
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Apple Shareholders Reject Plan to Recruit Minorities for Top Positions

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Katie Reilly
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and
TIME
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By
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Katie Reilly
and
TIME
TIME
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February 27, 2016, 10:25 AM ET
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CUPERTINO, CA - OCTOBER 16: Apple CEO Tim Cook speaks during an event introducing new iPads at Apple's headquarters October 16, 2014 in Cupertino, California. (Photo by Justin Sullivan/Getty Images)Justin Sullivan Getty Images
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Apple shareholders rejected a proposal that would have required them to adopt an “accelerated recruitment policy” to place minorities in top positions at the company.

The proposal failed 94.9% to 5.1%, the Guardian reported, citing an announcement at Apple’s annual shareholder meeting on Friday. The company’s board had urged shareholders to vote against the proposal.

“There’s much more work to do on diversity across the company. I can commit to you we are working very hard on it,” Apple CEO Tim Cook said after the vote.

Here’s Why the Public Is Siding With the FBI in the Apple Battle:

Lack of diversity has long been a problem among the many Silicon Valley companies that employ mostly white men. Apple has said previously it would work to address gaps in employee diversity.

The proposal earned the support of civil rights groups and leaders, including Rev. Jesse Jackson, but Apple had characterized the measure as “unduly burdensome and not necessary,” Bloomberg reported.

Apple’s eight-person board includes two women and one black man.

This article was originally published on Time.com

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