What Intel's $300 Million Diversity Pledge Really Means

itwbennett writes Intel's Rosalind Hudnell is responsible for implementing the company's much-publicized $300 million initiative to bring more women and under-represented minorities into its workforce by 2020. But even with Intel's renewed commitment to diversity, the company's workforce will still be just about 32 percent women in five years, Hudnell estimated. Here's a rough breakdown of how the money will be spent: The funds will be applied over five years to change hiring practices, retool human resources, fund companies run by minorities and women, and promote STEM education in high schools.