California Governor Jerry Brown signed a bill into law today that requires major companies with headquarters in California — including many household-name tech firms — to have at least one woman on their boards by next year, and depending on the size of the board, up to three women by 2021.
The law is the first of its kind in the U.S., and proponents say it's needed to equalize the representation of women in corporate boardroom. Currently, a quarter of California's publicly traded companies do not have a woman on their boards. Companies that fail to comply with the new rule face fines of $100,000 for a first violation and $300,000 for a second or subsequent violation.
The law already faces opposition from business groups, which could challenge the basis of preferential hiring toward women. In signing the bill, Gov. Brown acknowledged the bill's "potential flaws" that could prove "fatal" to implementation, but nevertheless supported its passing, citing "recent events in Washington, D.C. — and beyond — make it crystal clear that many are not getting the message" around gender equality.
(Score: 0) by Anonymous Coward on Thursday October 04 2018, @12:13AM (4 children)
You're being trolled by someone who wants to mock your serious approach to this topic. Thanks for your points Azuma, spot on as usual.
(Score: -1, Troll) by Anonymous Coward on Thursday October 04 2018, @12:59AM (3 children)
"Stick to your own kind" and then eventually "Kill the Bourgeoisie! Hang them in their Sunday best with their own neckties!"
You know what's a serious approach? Think wealthy! Act like that which you want to become. There is NOTHING respectable about being poor.
(Score: 2) by Azuma Hazuki on Thursday October 04 2018, @04:11AM (2 children)
Good habits alone don't make someone wealthy, and many wealthy people have awful habits. Hell, I'm completely straight-edge, live like a monk, and manage to save money on 20K a year gross, and I STILL ended up homeless for a while back in 2010. I don't think you're actually arguing in good faith, though; I think you're just here to stir shit up. Away to your bridge, troll.
I am "that girl" your mother warned you about...
(Score: 0) by Anonymous Coward on Thursday October 04 2018, @12:24PM (1 child)
You're not thinking wealthy - your thinking has adapted to being poor. There's a huge difference.
(Score: 2) by Azuma Hazuki on Thursday October 04 2018, @03:58PM
Explain to us, oh master sage of wealth, in great detail, what "thinking wealthy" entails, and what resources and pre-existing wealth is necessary in order to put those thoughts into action. In. Detail. I'll wait.
I am "that girl" your mother warned you about...