BusinessPostCorner.com
No Result
View All Result
Saturday, June 14, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Meta and Amazon axe DEI programmes joining corporate rollback

January 11, 2025
in Business
Reading Time: 2 mins read
A A
0
Meta and Amazon axe DEI programmes joining corporate rollback
ShareShareShareShareShare

In a December memo to employees, Amazon said it was “winding down outdated programs and materials” related to representation and inclusion, aiming to complete the process by the end of 2024.

“Rather than have individual groups build programs, we are focusing on programs with proven outcomes — and we also aim to foster a more truly inclusive culture,” Candi Castleberry, Amazon’s VP of inclusive experiences and technology, wrote in the note which was first reported by Bloomberg on Friday., external

Financial firms JPMorgan Chase and BlackRock, also pulled out of groups focused on risks from climate change this week.

The moves are a sign of the acceleration of a retreat that started two years ago, as Republicans ramped up attacks on firms such as BlackRock and Disney, accusing them of “woke” progressive activism and threatening political punishment.

Big brands such as Bud Light and Target also faced backlash and boycotts related to their efforts to appeal to LGBTQ customers.

Many of the diversity, equity and inclusion initiatives were put in place after the Black Lives Matter protests that erupted in 2020 following George Floyd’s murder at the hands of police.

Recent court decisions have bolstered critics of the programmes, who said that they were discriminatory.

The Supreme Court in 2023 struck down the right for private universities to consider race in admissions decisions.

Another court of appeals ruling invalidated a Nasdaq policy that would have required companies listed on that stock exchange to have at least one woman, racial minority or LGBTQ person on their board or explain why not.

Meta said it was also ending its efforts to work with suppliers who are “diverse” but will instead focus on small and medium-sized companies.

It also plans to stop offering “equity and inclusion” training and instead offer programmes that “mitigate bias for all, no matter your background”.

Meta declined to comment on the memo, news of which was immediately met with both criticism and celebration.

Credit: Source link

ShareTweetSendPinShare
Previous Post

More people in late 20s still living with parents

Next Post

Medicare and telehealth: more restrictive rules could hit patients in 2025

Next Post
Medicare and telehealth: more restrictive rules could hit patients in 2025

Medicare and telehealth: more restrictive rules could hit patients in 2025

An ever riskier world economy

An ever riskier world economy

June 10, 2025
Disney and Universal sue Midjourney over copyright

Disney and Universal sue Midjourney over copyright

June 12, 2025
Donald Trump Pledges ‘Clear, Simple’ Onchain Rules Before Imminent GENIUS Act Vote

Donald Trump Pledges ‘Clear, Simple’ Onchain Rules Before Imminent GENIUS Act Vote

June 13, 2025
Spending review: Reeves unveils Labour’s plans

Spending review: Reeves unveils Labour’s plans

June 11, 2025
What does the Air India crash mean for the plane maker?

What does the Air India crash mean for the plane maker?

June 12, 2025
How co-innovation can power orgs through AI, uncertainty

How co-innovation can power orgs through AI, uncertainty

June 13, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Minnesota state lawmaker and husband killed by gunman dressed as police officer

Minnesota state lawmaker and husband killed by gunman dressed as police officer

June 14, 2025
GameStop Upsizes Convertible Note Offering to .25B — How Could BTC Benefit?

GameStop Upsizes Convertible Note Offering to $2.25B — How Could BTC Benefit?

June 14, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!