The Lovelace Report 2025 in collaboration with WeAreTechWomen has found that between 40,000 and 60,000 women leave the UK’s tech sector every year, costing the economy an estimated £2 billion to £3.5 billion annually.
They either exit the industry altogether or move to a new tech employer. An estimated £1.4 billion to £2.2 billion is lost every year from women leaving the industry, with “another £640 million to £1.3 billion squandered from the churn of women switching employers for a new tech role”, the report added.