Sunday, December 22, 2024

WEF leadership accused of discriminating against women, people of colour – Reports

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MOSCOW: Employees at the World Economic Forum (WEF) in Davos have accused its founder, Klaus Schwab, and leadership of discrimination and harassment against women and people of colour, The Wall Street Journal reported on Sunday, citing employees, according to Sputnik.

During his long tenure, Schwab allowed an atmosphere to develop that was toxic to women and people of colour, with at least six female employees fired during pregnancy or after returning from parental leave, the report read. Other women mentioned sexual harassment by senior managers and Schwab himself, the report added.

Internal complaints have also been filed after black employees were unapologetically called out and excluded from the forum or prevented from promotion, the report read.

On May 21, the Semafor news website reported that Schwab was to leave his role, which he had been holding since the forum’s foundation in 1971, and become a non-executive chairman.

The annual World Economic Forum, hosted by the Swiss city of Davos, attracts prominent figures from business, political and academic circles from around the world to discuss the most pressing issues in global politics and the economy.

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