How to Recruit and Promote More Women as Leaders in Technology
The gender gap in the workforce is even more noticeable when you look at careers in science, technology, engineering, and math. Inhi Cho Suh, GM of Watson Customer Engagement at IBM and Laura Bilazarian, Founder and CEO of Teamable, explain how companies can do a better job recruiting and growing women leaders in technology roles.
"We're able to statistically prove there's no pipeline problem," said Bilazarian. "We've mapped the world of social connections and people that have a presence on the web around work, and there's many many women in tech its just really hard to find them using today's tools."
Women filled 47 percent of all U.S. jobs in 2015 but held only 24 percent of STEM jobs, according to the United States Department of Commerce.
IBM offers a tech re-entry program for women to get back to work after dropping out of the workforce. "We create a 12-week internship for women that may have taken a leave during a particular portion of their personal and professional lives," says Suh. "Through this program last year we graduated 30 women who reentered back into the workforce, and we're looking to have more women as part of this in 2018."
Breaking down the good, the bad, and the new in business on Monday, June 13, 2022, with JP Morgan's bullish Apple take, EV startup Electric Last Mile Solutions planning to declare bankruptcy, and Amazon getting ready to roll out its new drone delivery service in California.
Tech apprenticeship platform Multiverse became a unicorn with a $1.7 billion valuation, after raising $220 million in a Series D round. As companies across the country face challenges in hiring and retaining tech talent, Multiverse says it's trying to offer a solution with a new way to train and hire workers that can serve as an alternative to college and corporate training. Sophie Ruddock, VP and GM North America of Multiverse, joins Cheddar News' Closing Bell to discuss.
Bitcoin's price has fallen below $24,000, its lowest level since December 2020. Matt Hougan, CIO at Bitwise Asset Management, joined Cheddar News to discuss the future of crypto amid the latest high-profile point of concern, the halting of withdrawals at Celsius Network. "Last month we saw Luna collapse. This month we're seeing Celsius possibly collapsing," he said. "So this stress test is finding weaknesses in the crypto ecosystem and it will continue until we get to a strong foundation from which crypto can recover."
An analyst at JP Morgan is predicting massive future growth for Apple in its music and gaming divisions — to the tune of more than $8 billion in revenue by 2025. Cheddar News anchors Kristen Scholer and Hena Doba discuss the glowing forecast for the tech giant.