Big tech layoffs may further disrupt equity and diversity efforts
2023 is shaping up as a challenging year to be a woman or minority working in the tech sector, or even a person with one too many years under their belt.
Surging firings by technology companies last year are disproportionately affecting women and mid-career talent which may make it more difficult to improve diversity in one of the most sought-after industries, according to data from a research firm.
In recent years, US tech majors have stepped up hiring and made diversity, equity and inclusion (DEI) a priority. But as the industry grapples with over-hiring since mid-2020, rising interest rates and changes in business and consumer behavior, tech companies have announced deep cuts, risking their diversity efforts.