Many tech companies opened the year 2024 with mass layoffs, and women, unfortunately, are disproportionately represented in these numbers, according to a recent report.
Women are 1.6x more likely to experience layoffs in the tech industry than men, noted NTT Data, citing statistics from the WomenTech Network.
There’s an explanation: Companies that overhired, especially during the COVID-19 pandemic, are now letting go of the excesses in their workforce, says Jennifer Henderson, senior VP of talent acquisition, NTT Data. Unfortunately, women are the more dispensable ones in this situation, she says.
