They have decided to stop their programs aimed at promoting diversity, equity, and inclusion.
According to a leaked internal memo, Meta is discontinuing its diversity, equity, and inclusion programs focused on workforce hiring, training, and vendor selection.
A Meta spokesperson told CBS News the company is discontinuing its diversity, equity, and inclusion efforts.
In explaining the policy shift, Janelle Gale, Meta’s vice president of human resources, noted that “the legal and policy environment regarding diversity, equity and inclusion is evolving in the United States.”
In higher education admissions, as well as due to protests from conservative activists. Other significant corporations, such as motorcycle manufacturer Harley-Davidson, home improvement retailer Lowe’s, and farming equipment producers John Deere and actor Sycamore Supply, have refrained from, or reversed, their diversity, equity, and inclusion initiatives.
In recent times, there has been a shift away from diversity, equity, and inclusion that is tied to President Donald Trump’s astonishing comeback on the political scene.
Some companies may take advantage of the second Trump presidency to quietly eliminate diversity, equity, and inclusion initiatives, or have already done so,” Daniel Snell, co-founder of Arrival, a UK-based consulting firm focused on corporate leadership and culture, said in an email to CBS MoneyWatch. “Those looking to favorably impress Trump may make this public, while others, to avoid backlash or consequences, will tackle the changes discreetly over time.
Divided by the Civil Rights Movement.
In addition to the Civil Rights movement, this segmentation is also caused by other social issues such as income disparity and unemployment.
Some corporate executives have expressed doubts about the value of diversity and its impact on a company’s financial performance, viewing DEI as a distraction that hinders business growth, according to Snell.
DEI defenders
They intend to uphold and protect their Diversity, Equity, and Inclusion policies.
Encouraging consumers to refrain from supporting the warehouse club and to cancel their memberships.
A diverse group of employees plays a key role in bringing new ideas and creativity to our merchandise, which our customers enjoy in the form of a ‘treasure hunt’.
A proposal submitted by the National Center for Public Policy Research, a conservative research group, claims that diversity, equity, and inclusion practices pose legal, reputational, and financial risks to the company, and ultimately to its shareholders.
On social media in November, a statement was made that attacks on diversity, equity, and inclusion aren’t just harmful to businesses – they have a negative impact on the economy as a whole. A workforce that represents diverse perspectives is key to driving innovation, expanding markets, and fostering growth.
The retailer deceived investors about the financial consequences of its Diversity, Equity, and Inclusion initiatives.
