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Women Executives leaving Yahoo in US after Technology Company announced Plans to sell itself Earlier this Year

The total number of women at Yahoo in the United States remained steady at 31 percent

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FILE - The Yahoo logo is shown at the company's headquarters in Sunnyvale, California, April 16, 2013. VOA
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November 5, 2016: Women executives left Yahoo Inc U.S. operations at an unusually high rate after the technology company announced plans to sell itself earlier this year, but it was not immediately clear why, according to the company’s 2016 diversity report, released on Monday.

The sharp drop comes as Silicon Valley faces pressure to diversify a workforce heavily dominated by white and Asian men.

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The last year has been turbulent for the web pioneer, which in February announced it would explore alternatives and put in motion a plan to cut about 15 percent of its workforce. In July, it struck a $4.8 billion deal to sell its core internet businesses to Verizon Communications Inc.

The number of women in Yahoo leadership roles in the United States slipped to 21 percent as of June 30, down from 23 percent the year before, the report showed. Women in non-technical jobs remained flat at 52 percent. The total number of women at Yahoo in the United States remained steady at 31 percent.

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Yahoo had 8,800 employees at the end of the second quarter, down from 9,400 as at March 31.

It was not clear why there was such a marked decline in the proportion of women leaders at Yahoo, which is led by Silicon Valley’s most powerful female CEO, Marissa Mayer.

“Women leaders organically left because other opportunities were more appropriate for them,” said Margenett Moore-Roberts, Yahoo’s global head of diversity and inclusion. She said most of the women executives who left did so voluntarily after the plan to sell the core company was announced.

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She said Yahoo will use a combination of internal searches and promotions, outside recruitment and partnerships with women-focused tech organizations to balance the losses.

The dip in women executives does not seem to be mirrored at other major tech companies. Women held 28 percent of leadership positions at Apple Inc, according to its latest figures, unchanged from the year before. (VOA)

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Indiana, The New Mini Tech Capital of America

In the past, CEO Steve Hershberger hired from big universities near Silicon Valley. Now, he needs coders to work on the connection between beer kegs to his iKeg app, and he is choosing interns from Kenzie because of the quality he sees in the candidates.

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Masters candidate Diego Garcia said when he thinks of high tech, he thinks of
representational image, pixabay

INDIANAPOLIS, INDIANA —

Kavitha Kamalbabu needed a break. She had raised her two children and the youngest was now in kindergarten. It was time to turn attention to her career. The 36-year-old wanted to code. The mecca of high tech — Silicon Valley — wasn’t an option because she needed to stay close to home and family in Indianapolis, Indiana.

“I chose Kenzie Academy because of its life project-based learning,” she said.

Kamalbabu is now at the top of her class, getting a two-year degree as a software developer. Kenzie, based in Indianapolis, was established to keep talent in Middle America and to create a mini tech capital.

“Our point is to bring people from Indianapolis to stay in Indianapolis,” said founder Courtney Spence. To do that, they place students in local companies as quickly as possible after their enrollment.

For one class, Kamalbabu, originally from India, found herself asking questions about measuring beer and learning how data increases profit. The class was taking a tour of Steady Serve — a local beer management system that invented a device to measure the content of kegs to reduce waste and fraud.

“It’s on the cusp of what we are seeing as being a tech boom,” Spence said.
Students tour Steady Serve, VOA

In the past, CEO Steve Hershberger hired from big universities near Silicon Valley. Now, he needs coders to work on the connection between beer kegs to his iKeg app, and he is choosing interns from Kenzie because of the quality he sees in the candidates.

“It’s like they folded the country and brought San Jose [the heart of Silicon Valley] into Indianapolis.”

By the numbers

Indianapolis is Middle America. Located in the Corn Belt, Indiana is known for its farms — the state’s model is “The Crossroads of America.” City leaders said that perception is changing. Indianapolis deputy mayor of economic development Angela Smith Jones calls Indianapolis “Western Silicon Valley” with a “great startup culture.”

Last year, technology companies in Indianapolis contributed $7.7 billion into the city’s economy and employed 75,000 people.

Job postings for emerging tech are up 40 percent over last year, and the city’s unemployment rate is currently 3 percent, which is lower than the national average.

The average tech industry wage in Indiana is $76,860.

“It’s on the cusp of what we are seeing as being a tech boom,” Spence said.

Masters candidate Diego Garcia said when he thinks of high tech, he thinks of "California or New York, not Indianapolis."
Kenzie Student, VOA

Not so fast

But students majoring in tech at Stanford University — a research school located in the heart of Silicon Valley — were unimpressed. Freshman Max Comolli said he wouldn’t be enticed to leave California for Indianapolis because of the opportunities and “such a great tech scene already established.”

Masters candidate Diego Garcia said when he thinks of high tech, he thinks of “California or New York, not Indianapolis.” But freshman Alexa White from Detroit, Michigan, thinks a tech capital in the Midwest would “benefit the field” and create diversity.

The gender diversity hasn’t reached Kenzie, although school officials said they actively recruit females. The next class of 18 students starting later this year will have three women. Of the current class, only Kamalbabu and an African American are female.

Also Read: Lenovo Launches V-Series Laptop in India 

Statistically, women — and especially women of color — make up a small percentage of the tech field. But 24-year-old Mya Williams called it a “pleasant surprise” when she saw Kamalbabu on the first day of class because she thought she would be the only female. Williams said young girls aren’t encouraged to concentrate in math and science. “They get looked over when it comes to software,” she said.

To Asia and beyond

Kenzie officials plan to duplicate the academy model, starting in Malaysia. Spence goes a step further. “We have a commitment to replicate it around the world,” she said. (VOA)