Wednesday, April 15, 2020
Yahoo Diversity Report Number of Women Executives Drops
Yahoo Diversity Report Number of Women Executives Drops Women executives left Yahoo U.S. operations at an unusually high rate after the technology company announced plans to sell itself earlier this year, but it was not immediately clear why, according to the companyâs 2016 diversity report, released on Monday. The sharp drop comes as Silicon Valley faces pressure to diversify a workforce heavily dominated by white and Asian men. The last year has been turbulent for the web pioneer, which in February announced it would explore alternatives and put in motion a plan to cut about 15 percent of its workforce. In July, it struck a $4.8 billion deal to sell its core internet businesses to Verizon Communications. The number of women in Yahoo leadership roles in the United States slipped to 21 percent as of June 30, down from 23 percent the year before, the report showed. Women in non-technical jobs remained flat at 52 percent. The total number of women at Yahoo in the United States remained steady at 31 percent. Video Player is loading.Play VideoPlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 SharePlayback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio TrackFullscreenThis is a modal window. This video is either unavailable or not supported in this browser Error Code: MEDIA_ERR_SRC_NOT_SUPPORTED Technical details : No compatible source was found for this media. Session ID: 2019-12-31:87aab1d0ad9a258cfbf2a069 Player Element ID: jumpstart_video_1 OK Close Modal DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Yahoo had 8,800 employees at the end of the second quarter, down from 9,400 as at March 31. It was not clear why there was such a marked decline in the proportion of women leaders at Yahoo, which is led by Silicon Valleyâs most powerful female CEO, Marissa Mayer. âWomen leaders organically left because other opportunities were more appropriate for them,â said Margenett Moore-Roberts, Yahooâs global head of diversity and inclusion. She said most of the women executives who left did so voluntarily after the plan to sell the core company was announced. She said Yahoo will use a combination of internal searches and promotions, outside recruitment and partnerships with women-focused tech organizations to balance the losses. The dip in women executives does not seem to be mirrored at other major tech companies. Women held 28 percent of leadership positions at Apple Inc, according to its latest figures, unchanged from the year before.
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