Local software firm Blackstone Limited is celebrating the diversity of the employees losing their jobs in a round of brutal layoffs, politically exhausted sources confirmed.
Tech layoffs are impacting women at a disproportionately higher rate than men, representing a possible setback for the industry’s efforts to improve its gender diversity, according to research by talent intelligence platform Eightfold AI.
The key finding: women in tech are 65% more likely than men to lose their jobs.
The research was led by Sania Khan, Eightfold’s chief economist and a former U.S. Bureau of Labor Statistics senior economist. The analysis used data including the percentage of women in different roles in the industry in 2021, and the types of roles impacted by cutbacks, using probability theory to arrive at the estimate.
But unironically…