Politics

Former World Economic Forum Staffers Accuse Founder Klaus Schwab of Sexual Harassment

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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.

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