This is your Women in Business podcast.
Welcome to Women in Business, where we celebrate the unstoppable force of women shaping tomorrow's economy. I'm your host, and today we're diving into how fierce women are navigating the tech industry's turbulent economic waters—from layoffs to AI booms—with grit, innovation, and sisterhood.
Picture this: you're a software developer at a bustling Silicon Valley startup, much like the 343,889 women in the US holding that role, according to CompTIA's State of the Tech Workforce Report. That's 21% of all software devs, proving we're coding our way into the heart of tech. But the economic landscape? It's a battlefield. With global teams averaging just 23% women, per Nash Squared's Digital Leadership Report, and US figures at 27%, as CompTIA confirms, we're punching above our weight amid recessions and hiring freezes. Listeners, you've got this—your persistence is closing gaps, like the 27% of US tech occupations we hold, even as the overall workforce is nearly half women.
Now, let's talk leadership, because broken ladders won't stop us. Only 14% of global tech leaders are women, stagnant from last year says Nash Squared, and at giants like Google with 33% women overall or Amazon at 45%, per recent diversity reports, C-suite spots hover at a measly 17% for CEOs in tech firms. McKinsey's analysis shows entry-level software roles boast 43% women, dropping sharply mid-career—software engineering applicant pools shrink 25% from junior to mid-level. Yet, we're thriving in data science at 46% female, CompTIA reports, and operations research at 51%, per StrongDM stats. Economic headwinds amplify this: 2022 layoffs hit women hardest, with 69% affected despite less seniority, notes WomenTech Network. But empowerment alert—build those networks; McKinsey says 70% of us feel we must prove ourselves harder, so let's flip that by demanding mentorship and visibility.
Pay equity? We're earning 86.6 cents on the male dollar in computer occupations, BLS data reveals, with a 16% weekly gap at $1,005 median. Remote work exposed a 1.6% disparity, yet women settled for less to stay in the game. In next-gen fields, we're at 26% in AI and data but only 12% in cloud computing, high5test reports. Economic volatility means 57% of women in tech, media, and telecom eye exits for better balance, WomenTech Network finds. Solution? Vote with your talent—companies ignoring this lose out, as McKinsey predicts Europe could gain a million more women in tech by fixing isolation.
Sisters, the tech economy tests us, but we're the innovators turning challenges into code. From UI/UX designs where we shine to pushing for promotions—87 women advance for every 100 men, Womentech Network says—your voice reshapes boardrooms. Stay bold, seek allies, and lead unapologetically.
Thank you, listeners, for tuning in to Women in Business. Subscribe now for more empowerment fuel. This has been a Quiet Please production, for more check out quietplease.ai.
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