Press release
PayPal Partners with CodeHouse, INROADS and National Association of Black Accountants to Mentor and Recruit Black and Diverse Talent
SAN JOSE, Calif., Feb. 25, 2021 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it has entered into multi-year partnerships with
About this update from Paypal Holdings, Inc.
[{"type":"text","content":"SAN JOSE, Calif., Feb. 25, 2021 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it has entered into multi-year partnerships with CodeHouse, INROADS and the National Association of Black Accountants to develop and hire Black and diverse talent. The partnerships are part of a $535 million commitment first announced in June that includes strengthening PayPal's internal Diversity, Inclusion, Equity and Belonging programs and supporting the recruitment, hiring and career advancement of Black and underrepresented employees.\n\n \n \n \n \n \n \n\n \n\"PayPal's mission to democratize financial services is inherently inclusive, and not only promotes, but demands diversity and equity,\" said Tracy Brown, global head of talent, PayPal. \"Each of these organizations is dedicated to creating career pathways for people of color, and working together, we can build a pipeline that sustainably increases recruitment and retention of underrepresented talent at PayPal.\" \nSince becoming an independent company in 2015, PayPal has worked with academic institutions, recruiting organizations and advocacy groups to attract, develop and retain diverse talent. These partnerships will expand PayPal's pipeline of talent and provide development, mentoring and skill building opportunities: \nCodeHouse: Founded by two recent Morehouse graduates, CodeHouse aims to tackle the diversity gap in the technology industry. As a founding partner of the CodeHouse Scholars Initiative, PayPal will provide four-year undergraduate scholarships to historically Black colleges and universities; provide technical, professional and leadership skills to incoming freshman through their Summer Bridge Program; and participate in their Virtual Tech Exposure Day with 10,000 high school students of color across the country. INROADS: PayPal will work with INROADS, the nation's largest nonprofit source of paid internships for diverse, high performing undergraduate students, to sponsor an internship program that includes salaried internships with year-round, comprehensive training, and mentoring and leadership development. National Association of Black Accountants (NABA): For more than 50 years, NABA has continued to bridge the skills and opportunities gaps for Black professionals in the business, accounting and finance industry. PayPal will expand its existing...