"The Lovelace Report 2025 in collaboration with WeAreTechWomen has found that between 40,000 and 60,000 women leave the UK's tech sector every year, costing the economy an estimated 2 billion to 3.5 billion annually. They either exit the industry altogether or move to a new tech employer. An estimated 1.4 billion to 2.2 billion is lost every year from women leaving the industry, with another 640 million to 1.3 billion squandered from the churn of women switching employers for a new tech role, the report added."
"Today, only about 20% of UK tech workers are women, and the report looked at why women in UK tech aren't progressing or staying at the pace they should. It found that 25% say they leave due to a lack of career advancement; 17% because of inadequate recognition, and 15% due to pay inequity."
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Between 40,000 and 60,000 women leave the UK's tech sector every year, generating annual economic losses estimated between £2 billion and £3.5 billion. Annual losses break down to roughly £1.4–£2.2 billion from women exiting the industry and a further £640 million–£1.3 billion from women switching tech employers. Women represent about 20% of the UK tech workforce. Key reasons for leaving include lack of career advancement (25%), inadequate recognition (17%) and pay inequity (15%). Exits include both leaving the industry entirely and moving to new tech employers. Confidential, encrypted channels are available to share individual experiences.
Read at www.theguardian.com
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