McDonald’s joins wave of US companies backing away from DEI
Published On Jan 7, 2025, 8:32 AM
McDonald's has announced it will scale back its diversity, equity, and inclusion (DEI) initiatives, eliminating its aspirational representation goals and reframing its approach to supplier diversity. This shift reflects a broader trend among major US corporations reacting to criticism and legal challenges regarding DEI programs. Companies like Walmart, Lowe’s, and Harley-Davidson have similarly adjusted their DEI commitments in response to public pressure and legal rulings. McDonald’s cited a recent US Supreme Court decision as a factor in its reevaluation of DEI policies.
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This announcement may reflect a shift in corporate attitudes towards DEI that could impact hiring practices and company culture. While this may initially cause a perception of instability within the company’s values, it may appeal to some investors who prioritize profitability and traditional practices over social initiatives.
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