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Microsoft launches initiative to hire women reentering the workforce

Published 06/05/2018, 02:56 PM
© Reuters.  Microsoft launches initiative to hire women reentering the workforce
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  • Microsoft (NASDAQ:MSFT) will step up its hiring of women reentering the workforce through a “returnship” program.
  • The returnship hiring falls under the LEAP diversity initiative. Returnship trainees will go to two teams in Vancouver with one related to AR and VR and the other to video games.
  • The move follows criticism of Microsoft’s hiring practices and culture regarding female employees. Microsoft received 238 internal gender discrimination or sexual harassment complaints in a six-year period.
  • Women made up 26% of Microsoft’s worldwide employees and 19% of its leadership as of the latest diversity figures released last September.
  • Microsoft shares are up 0.6% to $102.23.
  • Now read: ETFs In Focus: Targeting 7-9% Shareholder Yields; Small Caps To Continue Outperforming


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