Wall Street execs too afraid to hire women in wake of #MeToo: Report


Male executives on Wall Street are so spooked by the #MeToo movement that they’re avoiding women altogether, a Bloomberg report said Monday.

Interviews with more than 30 senior executives suggest that the #MeToo movement has led to “gender segregation” in the workplace, Bloomberg reported.

“It’s creating a sense of walking on eggshells,” one adviser told the publication.

Another said just hiring a woman these days can present “an unknown risk.”

“Women are grasping for ideas on how to deal with it, because it is affecting our careers,” said Karen Elinski, president of the Financial Women’s Association and a senior vice president at Wells Fargo & Co. “It’s a real loss.” – READ MORE

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