Yesterday, World Economic Forum (WEF) founder Klaus Schwab began to start the process of stepping down as chair of the Geneva-based organization’s board of trustees.
Klaus Schwab’s decision to step down follows a scathing Wall Street Journal exposé, which, drawing from internal grievances, emails, and interviews with current and former World Economic Forum (WEF) staff, alleged that during Schwab’s long tenure, the organization fostered a workplace environment antagonistic toward women and Black individuals.
The investigation highlighted that at least six women were reportedly forced out or faced career setbacks during pregnancy or upon returning from maternity leave. Additionally, several female employees accused high-ranking officials of sexual harassment.
Following the Wall Street Journal‘s findings, according to the Financial Times, the World Economic Forum enlisted the law firm Covington and Burling—whose attorneys recently had their security clearances revoked by President Donald Trump—to probe allegations of workplace discrimination and harassment,
Working in conjunction with the Swiss law firm Homburger, the U.S. based legal group concluded it found no evidence of legal breaches by the forum and could not confirm the claims of misconduct leveled against Schwab in a summary of its review.
This also comes after the WEF failed to spurn their great reset which included massive illegal migration and ending the use of fossil fuels grounded in ESG metrics. The million dollar questions are, who will replace Schwab and will they be any worse than he was. Time will tell but, for now, goodbye and good riddance!