Companies continuing DEI initiatives

Black Owned Newspapers And Blogs

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(The Afro)—As the president resumes his position in office, many companies such as Wal-Mart, Meta and McDonald’s have begun the downsizing or dissolution of their diversity, equity and inclusion (DEI) programs. These companies announced their plans before President Trump officially took office on Jan. 20. However, on his first day he signed an executive order that ended all DEI initiatives within federal agencies while also implying threats of punishment to private entities, like public companies, non-profits and universities that use them.Following this executive order, he also directed that all federal DEI hires be placed on paid leave and ultimately fired as these departments begin to become a thing of the past.But as the president wages war on DEI, companies across multiple industries are doubling down on their commitments to the cause, despite a shifting social and economic landscape. Organizations such as Johnson and Johnson, JPMorgan Chase and Co., Goldman Sachs and Costco have been clear in their plans to continue their DEI initiatives.Goldman Sachs on its website discusses the value that DEI brings to their organization and why they continue to uphold the program and all it stands for.“At the crux of our efforts is a focus on cultivating and...

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