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Fortune
Fortune
Alexa Mikhail, Joey Abrams

Women get lonelier at work as they climb the ladder

(Credit: Getty Images)

Good morning, Broadsheet readers! CVS CEO Karen Lynch faces challenges in the company's Medicare business expansion, a new report settles the score on side effects for menopause drugs, and Fortune senior reporter Alexa Mikhail shares her reporting on how workplace loneliness hurts women as they advance. Have a wonderful Thursday!

- Loneliest at the top. Ann Shoket, former editor-in-chief of Seventeen magazine and CEO of TheLi.st, a membership community supporting women and nonbinary leaders in their careers, has become an outspoken advocate of prioritizing connections at work. She knows all too well the feeling of loneliness; she felt lonely while climbing the ranks and mistook the sentiment as normal stress and worry. Loneliness puts people at risk for heart disease, anxiety, and depression, but it can also exacerbate gender inequities in the office.

Most dire, Shoket points out, loneliness discourages women from getting promoted or accepting new jobs. According to TheLi.st’s 2023 research, over half of early and mid-career women say they've forfeited a new opportunity or quit altogether because of loneliness. Feeling lonely breeds dissatisfaction, the report finds, leading to high turnover and disengagement.

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