Friday, May 17, 2024

Women, minorities lose ground in tech layoffs



Comment

- Advertisement -

Brit Levy, 35, was keen to affix Meta’s paid coaching program for aspiring human assets managers final 12 months as a result of she needed to realize a foothold in the recruiting subject and assist different navy households discover jobs in the profitable tech sector.

Levy, who’s Mexican American, agreed to start out the 12-month gig in April after she checked with Meta that her place can be safe at some point of this system regardless of the corporate’s monetary challenges. She was advised that this system, which aimed to enhance the pipeline of recruiters who concentrate on range, was totally funded for the 12 months.

About six months later, Meta laid off Levy and a lot of the different members in her program, together with 13 p.c of its full-time staff, amid falling income development from a sluggish economic system and extra competitors in the social media market.

- Advertisement -

“What they did to this program, I would never ever recommend anyone sign up for a diversity program with Meta,” Levy stated. “Basically, [Meta] cut us off at the knees.”

Levy’s expertise illustrates the uphill battle Meta and different expertise corporations face as they trim their workforces whereas sustaining commitments to extend the variety of ladies and underrepresented minorities inside their ranks.

The expertise trade has lengthy struggled to recruit a various workforce, however the latest spate of cuts by Silicon Valley corporations has hit ladies significantly arduous, based on just lately printed analyses of demographic knowledge from the layoffs. Women and a few minorities had been significantly susceptible to layoffs as a result of they had been newer to their jobs and occupied roles that corporations had been much less in retaining, consultants stated.

- Advertisement -

Diversity “was never their strong suit,” stated Benjamín Juárez, a co-founder of Latinos in Tech, a gaggle that provides coaching in technical abilities. “It’s likely not going to be during this downtime.”

Many of the most important tech corporations had grown the ranks of ladies and minorities in the course of the pandemic with the lure of distant work, which had allowed the corporations to recruit throughout a wider geographic space and rent individuals who in any other case would have most well-liked to stay at dwelling.

But the layoffs threaten these good points. One evaluation of knowledge from tech layoff tracker Layoffs.fyi discovered that girls represented about 39 p.c of the general workforce however 46 p.c of all layoffs since September, based on Reyhan Ayas, a senior economist at Revelio Labs, an organization that analyzes developments in the labor market. Hispanic staff had been additionally barely extra more likely to be represented among the many layoffs than they had been in the workforce, based on Revelio data.

“Overall, definitely nontechnical roles are more affected, women are more affected,” stated Reyhan Ayas, a senior economist at Revelio Labs. “And [diversity, equity and inclusion] efforts in general have been hindered at least in some companies by the layoffs in the last year or so.”

One reason women and Hispanic workers may have been disproportionately targeted by the cuts is because companies used a “last in, first out” strategy to decide which jobs to keep and which to cut. The average length of service of a laid-off worker was just one year, which dwarfed the amount of time remaining employees had spent at the company, according to Revelio. Laid-off workers were more likely to work in positions that the tech companies were eager to cut, including recruiting and customer service positions, the data showed.

“When you have a shorter tenure, you don’t have that many friends and connections within the organization, so you tend to also be on the chopping block first,” said Bhaskar Chakravorti, the dean of global business at the Fletcher School at Tufts University. “The last-in-first-out has affected a wide swath of people, but because women and minorities were hired disproportionately in the last couple of years they have also been fired disproportionately.”

Meta is one company that used remote work during the pandemic to make gains in diversity. Between 2021 and 2022, the share of Black, Hispanic, multiracial and Asian employees in its U.S. workforce increased, while the White worker share dropped by 1.5 percentage points, according to Meta’s annual diversity report. Leaders at the company also became more diverse, with the share of women, Black and Hispanic managers increasing, according to the report.

Meta Chief Diversity Officer Maxine Williams said last year that candidates in the United States who accepted remote job offers were more likely to come from underrepresented racial groups; globally, they were more likely to be women.

Between 2021 and 2022, the share of women in Meta’s workforce grew slightly from 36.7 percent to 37.1 percent, according to Meta’s report.

Chakravorti added that remote workers may also have been particularly vulnerable to cuts because they were given less-critical assignments and had less face time with their managers compared with workers who were going into the office.

“As people started coming back into the offices, there was sort of a two-tiered citizenship within a particular company” between people who worked completely remotely and those who went into the office at times, he said.

The easing of pandemic-era safety restrictions hit Meta at a time when its core business model was experiencing other severe threats. The social media giant has been competing for both users and advertising dollars from rival apps such as TikTok. Apple introduced new privacy restrictions that hurt the company’s ability to collect data on its users for the purposes of targeted advertising. Meanwhile, marketers have been pulling back on advertising spending because of uncertainty in the global economy.

Over the summer, Meta executives issued a dizzying number of directives, outlining a new era of higher performance expectations, and slowed hiring as the company emerged from the pandemic with a growing list of economic challenges. Managers were asked to identify their low performers, which prompted a wave of anxiety and resentment among Facebook’s workforce.

Meta’s treatment of minority workers was already facing scrutiny. In 2020, an African American manager and two job applicants who were rejected by Facebook filed a complaint with the Equal Employment Opportunity Commission (EEOC) alleging that the company is biased against Black employees in evaluations, promotions, pay and hiring practices. The case is ongoing.

“It’s not the case that they were only laying off people who were low performers,” said Peter Romer-Friedman, a lawyer who represents the complainants in the case. “To the extent that the company was laying someone off because they were a lower performer, I think it’s very clear that that is problematic because Meta’s evaluation system is riddled with discriminatory problems.”

In November, Lori Goler, Meta’s human resources chief, told remaining employees after the layoffs that the company didn’t explicitly take diversity into consideration when it decided which positions to cut, according to a recording of the meeting listened to by The Washington Post.

“The way we thought about DEI,” Golder said, using an acronym for diversity, equity and inclusion, “was the same way that we think about it in all our people processes, which is the less discretion and the more objectivity you have in any of your people processes, the better it’s going to be for DEI.” The recruiting team was hit particularly hard, she said.

One of the strategies the company used, she said during the call, was “this sort of idea of last in, first to move out. And that’s the way that you get to more objective criteria. And there were several ways that we did that across the org as we tried to move forward with the plans and the layoffs.”

Goler also said roughly 46 percent of the layoffs came from the technology teams, while 54 percent came from the business side of the company. At Meta, women and people of color are more likely to hold roles on the business side of the company than they are to be in engineering roles.

As Meta’s financial situation worsened and the company began slowing down and then freezing hiring, Levy said there was far less for her and her colleagues to do. So at times, she spent many of her days reaching out to other Meta employees to learn more about the company and their career paths.

Two months after the cuts, Levy said she is still having trouble finding a job in recruiting or any other field. So far, she said, she has applied to hundreds of jobs but only secured a few interviews.

“I’m applying for everything,” Levy stated. “It’s been tough.”



Source link

More articles

- Advertisement -
- Advertisement -

Latest article