If corporations don't remove DEI on their own -- then state attorney generals will step up and force them to do so. Republican state attorneys pressure Costco to drop diversity policies https://finance.yahoo.com/news/republican-state-attorneys-pressure-costco-050404505.html (Reuters) - Nineteen Republican attorneys general have called on Costco Wholesale to abandon its diversity, equity, and inclusion policies, citing concerns about discrimination and legal risks. This comes after 98% of the U.S. retailer's shareholders last week voted against a proposal requesting a report on the risks tied to its diversity and inclusion initiatives, pushing back against the growing scrutiny such policies face. Costco did not immediately respond to a Reuters request for comment outside regular business hours. State officials in a letter to Costco's top boss Ron Vachris accused his company of doubling down on policies they allege violate merit-based principles and federal law. The 19 Republican officials, co-led by Texas Attorney General Ken Paxton and Iowa Attorney General Brenna Bird have demanded Costco notify the states within 30 days whether it will repeal its DEI policies or provide an explanation for maintaining them. The pressure from the Republicans comes after U.S. President Donald Trump issued an executive order directing government agency chiefs to dismantle DEI policies at federal agencies, federal contractors and in the private sector. Companies such as Meta Platforms, Amazon.com, JPMorgan Chase and Boeing have modified their initiatives, scrapped their DEI goals or ended participation in the Human Rights Campaign Foundation's corporate equity index.
Who are the DEI administrators....There are not very diverse They are AWFL (Affluent White Female Liberals)
KJP was definitely not an effective person at the job but the job isbasically to lie for the administration... But stop calling every minority person a DEI hire... not one of the Press Secretaries has been long term good at their job.
Now lawsuits are holding corporations responsible for shareholder losses due to failed DEI policies. Target is sued for defrauding shareholders about DEI https://finance.yahoo.com/news/target-sued-defrauding-shareholders-dei-224901414.html (Reuters) - Target has been sued for allegedly concealing the risks of its diversity and social initiatives, leading to a backlash that caused customers to flee and the stock price of the Minneapolis-based retailer to plummet. In a proposed class action on Friday, shareholders led by the City of Riviera Beach Police Pension Fund in Florida said Target defrauded them into paying inflated prices for its stock and unknowingly supporting management's "misuse of investor funds to serve political and social goals." The lawsuit said the retailer, CEO Brian Cornell and other officials failed to disclose the risk of consumer boycotts stemming from Target's Environmental, Social and Governance and Diversity, Equity and Inclusion initiatives. It also said Target concealed backlash from its May 2023 Pride Month campaign, which led the retailer to remove some LGBTQ-themed merchandise after in-store confrontations led some employees to fear for their safety. Target's share price fell 22% on Nov. 20, 2024, wiping out about $15.7 billion of market value, after it forecast disappointing profit and holiday sales. Shareholders said Target's underperformance stood "in stark contrast" to results at rival Walmart, and reflected "continued backlash from its campaigns." Target did not immediately respond on Monday to requests for comment. The lawsuit in the Fort Myers, Florida federal court seeks damages for Target shareholders from Aug. 26, 2022 to Nov. 19, 2024. It was filed after Target said on Jan. 24 it would end DEI initiatives this year, including a program to support Black-owned businesses that it adopted following the 2020 murder of George Floyd by a Minneapolis police officer. Target joined Walmart, Amazon.com and some other prominent companies to scale back such initiatives, which have been attacked by many conservatives including U.S. President Donald Trump. The case is City of Riviera Beach Police Pension Fund v Target Corp et al, U.S. District Court, Middle District of Florida, No. 25-00085.
GoodEvening gwb-trading, LOL, man I am black American and no one cares about no damn DEI, we already know shit not fair in the USA. It is what it is. If you want DEI gone, just end it. You do not need to talk about it. Just end it. It is your country anyway and you have all the power, so use it, do whatever you want to do. Because TRUST me, if I get power, I will ABUSE it to the fullest!!!!!
Times are changing. The majority of U.S. companies are backing away from DEI. A new DEI fault line is being drawn in Silicon Valley https://finance.yahoo.com/news/a-new-dei-fault-line-is-being-drawn-in-silicon-valley-194231905.html