https://www.wsj.com/business/world-economic-forum-klaus-schwab-discrimination-harassment-de285594
Behind Davos, Claims of a Toxic Workplace
-
Despite its lofty goals, the World Economic Forum has faced numerous accusations of sexual harassment and discrimination against women and Black people
June 29, 2024
A few years ago Klaus Schwab, the octogenarian founder of the World Economic Forum, decided the organization needed a youthful makeover.
So he singled out a group of employees over 50 years old and instructed his human-resources chief to get rid of them all, according to people familiar with the matter. This, he explained, would lower the average age of the workforce. The HR chief, a seasoned former World Bank executive named Paolo Gallo, declined, pointing out that there has to be a reasonable explanation for firing somebody, such as poor performance. Not long after, Schwab fired Gallo.
(paywall)