Various female employees of the World Economic Forum have gone on record to accuse its founder, Klaus Schwab, of sexual harassment.
According to an investigation by The Wall Street Journal, Schwab is facing accusations of sexual harassment and creating a hostile work environment.
One of Schwab’s misdeeds allegedly involves targeted employees aged over 50 for dismissal to lower the average age of the workforce. When his HR chief, Paolo Gallo, refused to comply with this directive without valid performance-related reasons, Schwab fired him.
Back 2017, Schwab reportedly dismissed a young woman leading a startup initiative after she informed him she was pregnant. He expressed displeasure that she wouldn’t be able to work at the same pace and subsequently let her go after a brief trial period.
Many other female staffers also reported being pushed out or facing career setbacks after becoming pregnant or returning from maternity leave.
Meanwhile, other female staffers said they were victims sexual harassment, with incidents involving suggestive comments and inappropriate behavior by senior managers, some of whom remain at the Forum.
Schwab, who formally left his role as executive chairman last month, himself was described as setting a tone of sexualization and objectification from the top, with multiple accounts of him making women uncomfortable with his remarks and behavior.
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