Tech

What Sheryl Sandberg’s Exit Reveals About Women’s Advancement in Tech


But many of them have trouble navigating aging tech companies. Of those women, only Miss Catz, Miss Hood and Miss Porat remained in their respective roles.

“The pace of advancement for female leaders in Silicon Valley is worse than disappointing,” said Nicole Wong, vice president of technology for the Obama administration and former Twitter executive. “It makes the promises tech leaders made about racial and gender diversity in 2014 look good.”

In 2017, stories about sexual harassment by powerful men in Silicon Valley became part of the #MeToo movement. That year, a group of female investors created All Raise.

In 2018, California passed a law requiring publicly traded companies to have at least one female director, resulting in a higher percentage of women on corporate boards. (A California judge overturned the law last month; The state has said it will appeal the ruling.) Another new law, passed last year, Silent action is no moreprovides legal protection to those who speak publicly about discrimination or harassment they have experienced in the workplace.

Women in technology continue to speak out about being treated unfairly. In 2020, Mrs. B has achieved $22.5 million payout with Pinterest for discrimination and retaliation. A Discrimination Emily Kramer’s lawsuita former chief marketing officer at financial startup Carta, is finding his way through the courts.

There have been some signs of progress. Over the past five years, Katrina Lake of Stitch Fix, Julie Wainwright of The RealReal, Jennifer Hyman of Rent the Runway and Whitney Wolfe Herd of Bumble have taken the companies they founded public. And following in Sandberg’s footsteps, female executives are now more common in the tech sector. They include Ms. Choi at Coinbase, Gwynne Shotwell at SpaceX and Jen Wong at Reddit.

At Meta, Ms. Sandberg has hired and promoted women, such as Marne Levine, sales director, and Lori Goler, HR and recruiting director. Percentage of women on Meta’s management with the title of director or higher get a raise to 35% in 2021, from 30% in 2018, according to company data.

Meta also develops women who currently lead other tech companies, including Ms. Simo, who previously oversaw the main Facebook app. become the CEO of Instacart last year.



Source link

news7f

News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button