The pandemic could push an alarming number of women out of the workforce - News Summed Up

The pandemic could push an alarming number of women out of the workforce


First the good news: There are more women in senior-level positions across corporate America. The share of women in senior vice president roles increased to 28% at the start of 2020, up from 23% in 2015, according to the annual Women in the Workplace report from McKinsey & Company and LeanIn.Org. And the share of women in the C-suite increased to 21% from 17% during the same period. But the pandemic is threatening to undo those gains, with one in four women reporting that they are considering downshifting their career or stepping out of the workforce entirely, the report found. "If we had a panic button, we'd be hitting it," said Sheryl Sandberg, COO of Facebook and co-founder of LeanIn.Org, in a release.


Source: CNN September 30, 2020 18:33 UTC



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