Meta confirms Axios report that the company is is axing its diversity, equity and inclusion efforts, including for hiring and training.
The brands said they would lose revenue and consumer exposure, harming them more than the retailer. Read more at straitstimes.com.
Some of the biggest brands in America, including Amazon, Meta, Walmart and McDonald’s, have recently changed or ended their diversity, equity and inclusion (DEI) programs. But e.l.f. Beauty, a popular cosmetics brand,
The number of companies ending their diversity, equity, and inclusion programs continues to grow.
Several major companies like Target, Walmart and McDonald’s have begun to roll back DEI programs in the wake of a Republican-driven effort to disband the push for workplace and school equality.
McDonald's is being sued over its long-running program offering scholarships to Latino and Hispanic students. The lawsuit filed in Nashville on Sunday by the American Alliance for Equal Rights (AAER), a group opposed to affirmative action, came days after ...
Companies that have withdrawn or toned down DEI initiatives include Target, Meta, and McDonald's. President Trump moved to end DEI initiatives at federal agencies shortly after his return to the ...
An executive order signed by President Trump in the hours after his inauguration Jan. 20 shut down all federal government diversity, equity and inclusion programs, which the order called ‘radical and wasteful.’
Target is joining a wave of US companies pulling back on diversity, equity and inclusion (DEI) initiatives, as right-wing pressure leads companies to alter their commitment to hiring diverse candidates and expanding access.
A number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much of corporate America endorsed after the Minneapolis police killing of George Floyd.
In addition to other efforts, the retailer will end a program focused on carrying more products from Black- or minority-owned businesses.
BofA lowered the firm’s price target on McDonald’s (MCD) to $312 from $324 and keeps a Neutral rating on the shares. The firm is fine-tuning estimates for companies across its restaurants coverage in a Q4 results preview for the group, noting that ...