The worst kept secret in Silicon Valley is that tech firms have a major gender diversity problem. At company after company, men dominate the top jobs.
But it's a different story at Alibaba, the Chinese tech company racing toward the largest and most-anticipated IPO of the year.
Alibaba gave investors more details about how the company works this week, revealing for the first time that one third of its 27 partners are women.
Some are founding partners, others have joined since and occupy top operational positions.
The company's chief financial officer is a woman. Chief customer officer? Chief people officer? The COO of its logistics business? Yep, all women.
Putting women in key roles runs deep in the company's DNA. Three of the nine female partners have been with the company since it was founded in 1999; another three joined the following year.
Women make up the same proportion of the broader workforce in China as in the U.S., but the number of women in top jobs at Alibaba is enough to make Silicon Valley blush.
Related: Alibaba's mega IPO is coming
Google's first diversity report, published last month, showed that women occupy only 21% of leadership positions and 17% of tech jobs at the company. Google has no female executive officers, and only one woman on its senior leadership team.
Yahoo -- led by CEO Marissa Mayer -- released a similar report on Tuesday, revealing that 23% of people in vice president roles or higher were female.
When Twitter (TWTR, Tech30) filed for its IPO in 2013, it did not have a single female investor or board member. It had only one female executive officer, and she had been hired just weeks earlier. (The company has since added publishing executive Marjorie Scardino to its board.)
The true scale of Silicon Valley's problem is difficult to determine, largely because most major tech companies closely guard their data.
No comments:
Post a Comment