Good morning, Broadsheet readers! There’s an uproar over treatment of women at Alibaba, after 16 years of Angela Merkel men still outnumber women in German politics, and we wonder how the business community will react to Texas’s near-total ban on abortion. Have a good Thursday.
– “Bad for business.” By now, you’ve surely heard about the Texas law that prohibits abortions after about six weeks, which went into effect yesterday after the Supreme Court chose not to accept a request to block it.
I urge you to read all the labyrinthine and frankly shocking details of this law, but for now, let’s focus on the takeaways: it is widely viewed as a de facto total ban on abortion in Texas and, as similar laws are expected to spread to other conservative-leaning states, the beginning of the end of Roe v. Wade.
There are many urgent questions to be asked about this law and its implications and I would not put business concerns anywhere near the top of the list. However, Fortune is a business publication, so one thing I am wondering about is how employers will react. So far, companies haven’t had much to say—at least publicly.
But if history is any guide, that may change in the coming days. As you may recall, almost 200 executives signed a full-page New York Times ad in 2019 calling for access to reproductive care—including abortion care—and declaring restrictive abortion laws “bad for business.” That ad was prompted by a spate of draconian anti-abortion laws passed in states including Georgia, Mississippi, Kentucky, and Louisiana. (The statement was organized by Planned Parenthood, NARAL Pro-Choice America, American Civil Liberties Union, Center for Reproductive Rights, and McPherson Strategies.)
The types of companies willing to speak out on the issue were notable—mostly small, and largely women-led or with a female customer base, plus a sprinkling of progressive tech startups. Not present: the giants of the Fortune 500.
It’s no secret why big companies want nothing to do with abortion rights. It’s a topic that’s still considered part of the “culture wars,” and one that some (very vocal) portions of their customer bases vehemently oppose.
But behind closed doors, there’s no doubt employers are thinking about the issue. Consider the argument of this Fortune op-ed by Business Forward president Jim Doyle, Institute for Women’s Policy Research CEO C. Nicole Mason, and Tara Health Foundation senior director of corporate strategy Jen Stark. They suggest that operating in states with restrictive abortion laws is a disadvantage for businesses looking to recruit the best talent, citing survey data that finds, among other things, “a majority of women (56%) say they would not even apply to a job in a state that has recently banned abortion.” They also dive into the host of HR/benefits problems created when employees are forced to travel long distances and cross state lines to get the care they need. It’s not pretty.
We’ll be watching to see if and how businesses react to the new law. And if you have something to report, send it our way: Broadsheet@fortune.com.
Kristen Bellstrom
kristen.bellstrom@fortune.com
@kayelbee
The Broadsheet, Fortune’s newsletter for and about the world’s most powerful women, is coauthored by Kristen Bellstrom, Emma Hinchliffe, and Claire Zillman. Today’s edition was curated by Emma Hinchliffe.
The new rules of corporate leadership Subscribe to The Modern Board, our brand new newsletter on what you need to know to lead through today's biggest challenges. Sign up now.
- Uproar at Alibaba. Chinese tech giant Alibaba has often spoken out about promoting women and highlighted the number of senior women at the company. But a rape allegation within Alibaba—an employee accused her boss of raping her at a business dinner—has thrown the company into turmoil, bringing forward other allegations of sexism and harassment. New York Times
- Going public. Since the 1960s, companies have reported workforce gender and racial diversity data to the Equal Employment Opportunity Commission. Now more businesses are making that EEOC data public amid investor pressure. Wall Street Journal
- The Merkel effect? Throughout Angela Merkel's 16 years as German chancellor, women have started to make strides in German politics. But men running for office in Germany still outnumber women by two to one. Bloomberg
- Research needed, period. Many women have anecdotally reported changes to their menstrual cycles after receiving a COVID-19 vaccine. That's not scientific evidence of a vaccine side effect—but the problem, women say, is that no one is putting in effort to figure out whether there is any evidence; vaccine trials didn't ask participants to report changes to their periods. The Cut
MOVERS AND SHAKERS: The Associated Press named longtime Washington journalist Julie Pace executive editor. Former Kibo CMO Lisa Kalscheur joins Notarize in the same role. Asana board member Anne Raimondi will become the company's COO. Benchling hired ex-Salesforce exec Lindsey Irvine as CMO. Integrated DNA Technologies (IDT) promoted Demaris Mills to president. Adriana Bokel Herde joins Snyk as chief people officer. Kristina Omari joins Everly Health as EVP of finance; Google VP and head of finance Kristin Reinke joins the company's board. William Blair managing director and client service officer Ellen-Blair Chube joins the board of BlockFi. Investcorp hired Laura Coquis as global head of institutions.
- Inside Amazon. Protocol reports that Amazon HR recommended a senior executive within Amazon Web Services be fired after he was found to have made discriminatory comments to a Black female employee. But, the site reports, Amazon CEO Andy Jassy intervened to prevent the exec from being forced out. Amazon says: "We take all allegations of discrimination seriously and investigate them fully." Protocol
- Women in tech? Japan is trying to address a shortage of workers in the tech industry—and a big part of that is the almost total absence of women from those fields and areas of study. The country's Ministry of Economy, Trade and Industry projects a shortfall of 450,000 information technology workers by 2030. New York Times
- Tech on trend. Does anyone want to be an editor-in-chief anymore? Fashion editors are moving to the tech industry, jumping from Allure and Marie Claire to Pinterest and Snap. The Cut
I was nervous about getting the COVID-19 vaccine while pregnant. Here's what convinced me to do it Time
The femcel revolution Elle
What Sally Rooney's detractors misunderstand about her books Slate
Thanks for reading. If you liked this email, pay it forward. Share it with someone you know: Did someone share this with you? Sign up here. For previous editions, click here.
To view all of Fortune's newsletters on the latest in business, go here.
|
