Pretty common in this industry. I worked at a few major companies( check article below). Not only was racism widespread, you were looked badly at for not helping your race.
This was my impression of politics in Mississippi. There was just enough back and forth on racial tension issues to keep both sides donors going strong and the incumbents at the trough.
https://www.forbes.com/sites/morgansimon/2019/01/28/what-mig...
It's actually very complicated, because there were a lot of backroom deals between the two major races to make it not look like racism.