International Business Machines, Corp.’s (NYSE:IBM) CEO Arvind Krishna faced criticism for alleged double standards from Tesla CEO Elon Musk after a leaked video revealed that Krishna pressured executives to implement discriminatory practices in the hiring process.
What Happened: In the leaked video shared by journalist James O’Keefe on X, Krishna, of Indian origin, stated that executives at IBM who failed to hire sufficient Black or Hispanic candidates or hired too many Asians would lose their bonuses.
The internal meeting, attended by IBM unit Red Hat’s Chairman Paul Cormier and Corporate Communications Director Allison Showalter, according to O’Keefe, was provided by a company insider.
Cormier mentioned that multiple leaders at Red Hat, present for the last year or more, were no longer with the company for not complying with the “Diversity, ...