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With her startup Nude Barre, an inclusive hosiery and intimate—apparel company, running out of cash flow, founder Erin Carpenter had just returned home and was about to jump into her third and final meeting of the day. She was in the bathroom when she noticed spotting in her underwear. Carpenter, who was one month pregnant, feared she was having a miscarriage. According to a digitalundivided study, Black and Latinx women founders received just 0.
To read more from the Power Issue, click here. Could I take a step further? So, feeling the obligation of being one of the few venture-funded Black women founders, Carpenter took that step. She logged into Zoom, and between fielding questions about sales targets and detailing growth projections, she miscarried. Sometimes Carpenter looks back on that day and regrets not having taken time for herself.
But in the moment, she felt there was no other way. The rise of remote work, excessive burnout, and existential crises brought on by the pandemic and Black Lives Matter and Stop Asian Hate movements over the past two years have prompted professionals to reevaluate work, life, and what they want out of both.
Cue: The Great Resignation, an exodus of more than 40 million employees out of their jobs amid a historic labor shortage. The trend is set to continue, particularly among women. In April, Deloitte published a survey of 5, women across 10 countries and found that more than half wanted to leave their employer in the next two years, citing burnout as the top driving factor. Of course, this on-the-clock coasting is more a risk than a luxury for workers of underrepresented backgrounds who already face disproportionately high rates of unemployment, workplace discrimination, and unconscious racial bias.