Across Silicon Valley, tech companies are slashing their workforces in a bid to cut costs in anticipation of a global economic downturn.
Social media giant Meta announced earlier this month it was laying off 11,000 of its workers, or 13% of its staff. Since Elon Musk took over in October, Twitter has dismissed approximately 3,000 employees, or about half of its workforce. Meanwhile, Amazon is preparing to cut 10,000 jobs, according to reports. And Microsoft, Lyft and Stripe have also recently announced smaller cuts.
But it’s not only coders on six-figure salaries and free lunches in sunny California being impacted. In a signal of just how globalized the tech economy has become, tech employees earning just a few dollars per day in parts of the developing world are also…
More than 20 years ago, I was the first woman to take maternity leave at Google.
But I almost didn’t come back to work after my first baby was born. It felt like too much to spend the workday away from my newborn while juggling the demands of my job and parenthood. If I had made a different decision in that moment, it would have changed the course of my career.
That’s one of the reasons why I’ve long advocated for better maternity leave policies. In 2014, I wrote about why offering this benefit is good for business, just as I took maternity leave for the fifth time.
Today, the way we work is changing. The pandemic showed us that we don’t have to sit in a cubicle to be productive in our jobs. People need flexibility to do their best work, and th…
Environmental disclosures by some of the biggest U.S. oil and gas companies contain “questionable claims” about climate risks and greenhouse-gas emissions, frustrating investors under pressure to divest from fossil fuels, Columbia University researchers found.
Emissions data reported by oil companies are “awash with unsubstantiated claims,” according to an analysis of 15 publicly traded oil companies and a dozen major oil investors in the U.S. by the university’s Center on Global Energy Policy.
Facing mounting pressure to divest from oil and gas, investors are increasingly demanding more standardized and robust climate and emissions disclosures from the industry. Some of the largest firms are already voluntarily divulging their greenhouse-gas em…