Facebook wants to create opportunities for women everywhere, both internally and around the world.
This International Women’s Day, the company launched a Community Finder tool as part of its #SheMeansBusiness platform.
“People do better when they are working together,” Maxine Williams, Facebook’s global chief diversity officer, told Cheddar on Thursday.
The aim is for entrepreneurial women who use Facebook for their businesses “to learn from each other, to support each other,” she said.
“I think it’s very easy for people to say, ‘Oh you should connect with people.’ But how do you do it? So we tried to think through what are the actual obstacles that might get in that way,” said Williams.
Community Finder creates filters based on location and interests.
Internally, Facebook “has always invested heavily in doing the analysis to make sure we’re in the right place,” she said.
That includes implementing equal pay for equal work and equal parental leave, amongst other things.
“As we intersect our benefits with our product with our employment practices, we’re hoping that all of that is being a net contributor for goodness in the world.”
For the full interview, [click here](https://cheddar.com/videos/celebrating-international-womens-day-with-facebook).
Tyson Foods is eliminating about 10 percent of corporate jobs and 15 percent senior leadership positions, according to a memo obtained by Reuters. The cuts are just the latest attempt to trim costs amid falling profits.
Verizon is taking steps to speed up its 5G network in rural areas. The company said it plans to extend its C-band 5G network across a larger suburban and rural footprint, meaning faster speeds for customers in those areas.
Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading.
Another automaker is trying to cut its workforce to trim expenses and stay competitive as the industry makes the long and costly transition to electric vehicles.
The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced their inventories.
Applications for unemployment benefits in the U.S. fell last week as the labor market continues to show strength despite some weakness in other parts of the economy.
