DEI
Reddit cofounder Alexis Ohanian said he expects companies that abandon DEI practices in hiring to reverse course quickly.Ohanian told Forbes in a video interview this week that he thinks many “short-sighted organizations” are “following a cultural trend” by doing away with DEI in hiring practices.”I think you have an opportunity…
Former Assistant US Attorney Alex Kristofcak was put on leave after criticizing Trump’s DEI policy.He has since left his position at the US District Court for the Southern District of New York.Kristofcak is now urging leaders to speak out against Trump’s attacks on the judiciary.A former assistant US attorney said…
Target and Costco have responded in different ways to the changing politics around DEI.A recent survey indicates some customer foot traffic and market share has shifted from Target to Costco.Meanwhile Walmart — which hasn’t made DEI a big part of its brand — has performed consistently.The backlash to the backlash…
Salesforce has dropped diversity hiring targets from it’s most recent annual financial disclosures. The company also removed references to diversity and inclusion as core company values.Salesforce joins the likes of Amazon, Google, Meta, and Walmart in rolling back DEI programs.Salesforce is the latest tech giant to abandon explicit diversity hiring…
Goldman Sachs mentioned diversity just three times in this year’s report.It said its “aspriring hiring goals” will expire this year without saying if it would set new goals.The firm’s CEO, David Solomon, pointed to the political landscape under the Trump administration.Goldman Sachs tamped down the diversity language in its annual…
