‘It’s a huge concern’: Senior-level women are calling it quits after decades climbing the career ladder
Some of the world’s most powerful women are calling it quits.
Last week, YouTube CEO Susan Wojcicki, also one of Google’s earliest employees, announced she’s leaving the company to “start a new chapter focused on my family, health, and personal projects I’m passionate about,” she wrote in a note to employees.
The announcement came days after Meta confirmed chief business officer Marne Levine is stepping down after 13 years with the company in order to “recharge and prioritize some quality time with family” before beginning her “next professional chapter.” She’s the third female C-suite leader to leave Meta in recent years, following chief operating officer Sheryl Sandberg’s exit in 2022 and global ad chief Carolyn Everson’s in 2021.
And in global politics, Scottish First Minister Nicola Sturgeon resignedthis month after more than eight years in the role, saying no one should stay in a political role for too long, while New Zealand Prime Minister Jacinda Ardern said in January she had “no more in the tank” to lead the country, and that she’d step down and not seek re-election.
These are just a few high-profile examples of a trend that shows women leaders are leaving their organizations at the highest rate ever, widening the quitting gap between women and men in senior roles, according to recent data from LeanIn.org and McKinsey & Company.
To give some context, for every woman stepping into a director-level leadership role, two are choosing to leave, says Alexis Krivkovich, McKinsey senior partner and an author of the joint Lean In and McKinsey “Women in the Workplace” report.
The pattern has the potential to unwind decades of progress toward gender equity and increased female leadership in the workplace, she tells CNBC Make It. “It’s a huge concern and worth focusing on.”
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