Job Creation, Women Leadership and a Hiring Break

Mexico City continues to lead in formal job creation and has made significant strides in labor dispute resolution, according to the Ministry of Labor and Employment Promotion. Women still face important barriers to senior leadership positions, with unequal pay being an important contributor. 

In international news, IBM's CEO announced a break in hiring to assess which jobs can be replaced by AI, while Google announced new strategies for boosting training in the Latin American region.

This week in Tech news and developments: 

Mexico

Mexico City Improves Labor Justice, Remains Job Creation Leader

Mexico City has made significant advances in resolving labor conflict dispute cases and continues to lead the nation in formal job creation, according to a press release by the Ministry of Labor and Employment Promotion (STFE). This is expected to continue in the coming months despite anxieties of an economic slowdown. 

Industry Trends 

How the “Sticky Floor” Curbs Female Leadership

In Mexico, only 38% of senior management positions are held by women, which is an increase of 5 percentage points compared to the 33% seen in 2022, according to the study "Women in Business 2023: Progress Towards Parity" by Grant Thornton. While gender equality is advancing, women still face important barriers in their professional careers. 

The Salary History Dilemma

The salary question has long been a part of the hiring process, but it is time for companies to recognize the ethical concerns it raises, writes Gabriella Ceballos, Co-Founder & CEO, Hitch. Those who have always been underpaid, will never be given an opportunity to grow if this innocent perpetuation doesn’t end.

How Digital Teams Work to Deliver Business Results

The interconnectedness of product teams and the go-to-market teams is essential to continued and sustained innovation and product development, but developing this capacity can be tricky, writes Carlos Lau, Founder and CEO, Kurlos. A challenge that is further complicated by an ongoing talent war, but not impossible. 

International

IBM to Slow Hiring to See What Jobs AI Can Take Over 

In anticipation that some jobs can and will be replaced by artificial intelligence in the near future, IBM's CEO, Arvind Krishna, shared that the company expects to pause hiring, according to Bloomberg reporting. “I could easily see 30% of [ internal jobs] getting replaced by AI and automation over a five-year period.” 

Google Announces Scholarships in Latin America

Google Mexico reported an update on its Google Career Certificates. Ramiro Germán Sánchez, Marketing Director and Leader of Social Impact Projects in LATAM, Google, presented the new strategies aimed at boosting training in the region.