The Strategist

WSJ: WEF managers are accused of discrimination against women and Black people

07/01/2024 - 03:21

Workers at the World Economic Forum (WEF) in Davos reported widespread harassment and discrimination in the workplace, writes the Wall Street Journal. via flickr via flickr
The newspaper charges Klaus Schwab, the forum's creator, with harassment, discrimination, and violations of workers' labor rights.

At least six women have reportedly experienced sexual harassment from WEF senior management, according to the publication. It has been observed that a few of them continue to work for the company. At least six former female employees said they were pressured to leave their jobs after disclosing their pregnancies. Black workers also voiced complaints over racial slurs and a limited opportunities for career progression.

According to the article, three other women who worked with Mr. Schwab in Geneva told the Wall Street Journal that the CEO made offensive remarks about their appearance over a period of several decades and advised them to carry on with their social life away from the office. The 80-year-old Klaus Schwab is said to have ordered the head of human resources to terminate every employee who was above 50 years old a few years ago in an attempt to revitalize the workforce. But as the newspaper notes, the latter declined to comply, and as a result he was fired.

After serving as WEF executive chairman for more than 50 years, Mr. Schwab declared at the end of May that he would be leaving the position.


< >

Friday, July 19th 2024 - 09:54 Olympic Village opens in Paris

Thursday, July 18th 2024 - 06:44 Biden diagnosed with COVID-19