Women Who Code: Influential tech network shuts down unexpectedly

1 min read Original article ↗

WWC announced that "with profound sadness," it had closed "following a vote by the Board of Directors to dissolve the organization".

It continued that it had to close "due to factors that have materially impacted our funding sources".

The tech industry has been cutting back in general in recent months, with layoffs announced by many of the largest companies in the sector.

WWC was started 2011 by engineers who "were seeking connection and support for navigating the tech industry" in San Francisco.

It became a nonprofit organisation in 2013 and expanded globally.

In a post, external announcing its closure, it said it had held more than 20,000 events and given out $3.5m (£2.8m) in scholarships.

A month before the closure, WWC had announced a conference for May, which has now been cancelled.

A spokesperson for WWC said: "We kept our programming moving forward while exploring all options."

They would not comment on questions about the charity's funding.

The most recent annual report, for 2022, showed the charity made almost $4m that year, while its expenses were just under $4.2m.