Claims about Davos executives using “N word” around black employees
(MENAFN) Recent reports from the Wall Street Journal have highlighted serious accusations against the leadership of the World Economic Forum (WEF), including its founder Klaus Schwab, regarding their handling of discrimination and harassment within the organization. According to the publication, over 80 current and former employees, along with other sources familiar with the situation, have detailed instances where issues of discrimination against women and black employees were allegedly overlooked by WEF leadership.
Contrary to the forum's public advocacy for gender parity and economic inclusion, which it claims could substantially benefit global economies, internal sources suggest a different reality within the organization. Founded by Klaus Schwab in 1971 as a nonprofit foundation, the World Economic Forum hosts the renowned annual gathering in Davos, Switzerland—a premier event in the global business and economic calendar. This gathering regularly attracts numerous world leaders and CEOs, with over 50 heads of state participating in the 2024 event.
In response to mounting scrutiny, Klaus Schwab announced plans to step back from his long-held position, intending to transition to a non-executive chairman role by 2025. During Schwab's tenure, however, internal complaints and allegations reportedly pointed to a work environment described as "hostile to women and black people," where instances of discrimination and sexual harassment were allegedly allowed to persist.
The revelations underscore significant challenges within one of the world's most influential economic platforms, prompting broader discussions about workplace culture and leadership accountability at Davos.
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