This article was first published by Luli Adeyemo on Medium. It started off with small talk between myself and my fantastic hairdresser, Jasmine, but things really got interesting when we got to the ‘are you doing anything special later’ question. I took great delight in telling Jasmine that I was moderating a panel that celebrates women who code and how women in the tech industry are using creativity and technology as their superpower. I was really looking forward to it as it was part of the launch of Marvel Studios’
This article was first published by Sha Hurley on Medium. March 31 was officially the end of my seven-year journey as a Googler. It’s been a stressful, yet healing time. Below, I share my reflections in the hope they will be an inspiration for some and a resource for others. Please share this post if you think it would help someone. I’ll be very interested in your thoughts below in the comments. Or DM me if something more private you’d like to connect on. This is going to be a long
Tech giant Meta is being sued by content moderators in Kenya, again. On Monday, 43 content moderators filed a lawsuit accusing Facebook’s parent company and two subcontractors, Sama and Majorel of ‘unlawful redundancy’ and discriminatory hiring practices. Meta had contracted Kenya-based firm Sama to moderate Facebook content in eastern and southern Africa. However, Sama closed its content moderation arm in January and announced it would be laying off 260 content moderators when its contract with Meta ends on March 31. The suit claims that redundancy notices were not issued and that Meta and Sama
Several Black-led venture capital firms have written an open letter in response to a Wall Street Journal (WSJ) op-ed which suggests Silicon Valley Bank’s diversity focus contributed to its collapse. Following the collapse of Silicon Valley Bank, the WSJ published an opinion piece by Kessler in which he stated: “I’m not saying 12 white men would have avoided this mess, but the company may have been distracted by diversity demands.” Black Women in Venture Capital, BLCK VC, 1863 Ventures, and Living Cities wrote an open letter to the Wall Street Journal editors and
Silicon Valley Bank’s (SVB) collapse has reignited debates about whether the US government is doing enough to regulate financial institutions – but another debate is brewing. Here’s an excerpt from a Wall Street Journal opinion piece published on March 12: “Was there regulatory failure? Perhaps. SVB was regulated like a bank but looked more like a money-market fund. Then there’s this: In its proxy statement, SVB notes that besides 91% of their board being independent and 45% women they also have “1 Black,” “1 LGBTQ+” and “2 Veterans.” I’m not
After days of turmoil, Silicon Valley Bank (SVB) customers are now able to access their money held in the bank. What happened to SVB? It took just 24 hours for US tech’s favorite bank to fall from grace. SVB served nearly half of US VC-backed tech startups and investors, according to the FT. But interest rates rose, bond values shrank, and with the tech industry slowdown, deposit withdrawals rose too. In a crude oversimplification: companies and investors pulled their money out of SVB amid economic uncertainty. To meet depositor demands for
This article was first published by Michael Lin on his Substack. I thought I was going to stay at Netflix forever. Top of market pay. Freedom and responsibility. Unlimited PTO. What more could you ask for? So when I quit Netflix in May 2021, everyone thought I was crazy. My parents objected first. Coming from cultural revolution China where they barely had enough food to eat, they thought I was throwing away all the hard work they went through to come to America. “Just keep your head down and do
US tech layoffs show little sign of slowing, with 50,000 jobs cuts announced this month alone. Still, experts have said there’s still reason for hope. Competition for tech workers “will remain fierce — even when and if the economy falls into recession around the middle or second half of 2023,” Joe Brusuelas, RSM’s chief economist, told NBC News. 8 in 10 laid-off tech workers found a new job within three months of starting their search; 4 in 10 within one month. – ZipRecruiter Also 59% of all tech jobs exist outside the tech sector.
San Francisco-based communications company, Twilio, has announced that they will be cutting 11% workforce to help restructure the company after a period of rapid expansion. In a memo to employees, Twilio CEO, Jeff Lawson, clarified that all staff cuts will be made through an “Anti-Racist” and “Anti-Oppression” lens which took many by surprise. Despite right-wing publications such as Daily Caller, describing the move as “race-based,” Lawson’s actions come at a very critical time for POC workers who more times than not, are forced to suffer the brunt of staff layoffs and redundancies.
Silicon Valley-based startup, Sanas, is working to build real-time voice-altering technology that aims to make international workers sound more “Westernized.” For many years, Black workers have been advised to use their “white voice” when communicating with colleagues or customers in a professional working environment. Additionally, movie adaptations such as “Sorry To Bother You” show that Black workers achieve higher success rates when they choose to emulate a “whiter” voice. Despite the program working to “protect the diverse voice identities of the world,” many wonder whether the product is actively working to remove unconscious
