Tag: MINNEAPOLIS
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US Corporations Scale Back Diversity Initiatives Post-2020 Protests
Numerous U.S. companies are retracting their diversity, equity, and inclusion (DEI) initiatives, initially promoted after George Floyd’s death. Corporations like PepsiCo, Goldman Sachs, Google, and Meta Platforms are among those scaling back or halting their DEI programs, citing legal changes and evolving priorities. This trend among major retailers and investment firms raises concerns regarding the…
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NAACP Encourages Support for Companies Committed to Diversity, Equity, and Inclusion
The NAACP has published a spending guide to encourage Black Americans to support companies committed to DEI, noting those that have retreated under conservative pressure. With significant economic power projected for Black Americans by 2030, the NAACP underscores the business case for diversity and inclusion. The guide reflects an ongoing dialogue with companies and emphasizes…
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U.S. Corporations Retreat from Diversity Initiatives Amid Legal Shifts
Several prominent U.S. companies, influenced by a Supreme Court decision against affirmative action, are retracting their diversity, equity, and inclusion initiatives. Firms like Target, Amazon, McDonald’s, and others have scaled back or suspended various DEI programs, arguing for a focus on universal practices rather than targeted efforts for historically marginalized groups. This shift suggests a…