"Women who code" announced it is shutting down its operations due to financial reasons.

Apparently, just the executive compensation of 5 individuals accounted for ~20% of their expenses.

This is a sad day for gender equity in tech.

The catastrophic consequences will surely ripple through the whole software industry.

https://www.ajc.com/news/business/atlanta-based-women-who-code-abruptly-shuts-down-due-to-finances/KH5LEQXBAFATRFM6EM3SF726JQ/

https://projects.propublica.org/nonprofits/organizations/464218859