Is DEI dying? Here's the list of companies that have rolled back the 'woke' policies
Published On Jan 13, 2025, 11:46 AM
The article discusses the growing trend among major U.S. corporations to scale back or eliminate their diversity, equity, and inclusion (DEI) initiatives, a move that some are labeling as a backlash against 'woke' policies. Several prominent companies such as Amazon, Meta, McDonald's, and Ford have recently retracted their DEI commitments, allegedly in response to activist pressure. This trend appears to be gaining momentum into 2025, fueling conversations about whether DEI programs are on the decline in corporate America.
Stock Forecasts
META
Negative
As major companies like Amazon and Meta curtail their DEI efforts, it may indicate a shifting corporate landscape that prioritizes neutrality over progressive policies, potentially affecting investor sentiment. If this trend continues, companies that embrace DEI might face scrutiny or backlash, impacting their market performance.
F
Negative
The rollback of DEI initiatives might lead to increased operational efficiencies in the short term for companies like Ford and Walmart. However, if consumer sentiment shifts toward companies prioritizing social responsibility, these firms could ultimately suffer brand damage that might impact their long-term profitability.
Related News
Online safety laws unsatisfactory, Technology Secretary Peter Kyle says
Jan 12, 2025, 7:01 AM
Peter Kyle responds as internet safety campaigner Ian Russell says laws to protect children need fixing.
Inside Mark Zuckerberg’s Sprint to Remake Meta for the Trump Era
Jan 10, 2025, 2:02 PM
After visiting President-elect Donald J. Trump in November, Mr. Zuckerberg decided to relax Meta’s speech policies. He asked a small team to carry out his goals within weeks. The repercussions are just beginning.
Meta axes DEI programmes joining corporate rollback
Jan 10, 2025, 4:32 PM
It joins Walmart, McDonald's and other companies in a similar move regarding diversity efforts since Trump's re-election.