Analysis-Despite Trump Order, Abandoning DEI Could Land Companies in Legal Trouble
U.S. companies that scale back workplace diversity efforts to avoid scrutiny from the Trump administration may be exposing themselves to more discrimination lawsuits by workers, experts said. President Donald Trump this week issued a sweeping executive order directing federal agencies to terminate diversity,
Companies May Not Be Able to Abandon DEI Despite Trump Order
Some companies have begun pulling back DEI efforts, but it may open them up to serious legal issues. U.S. companies that scale back workplace diversity efforts to avoid scrutiny from the Trump administration may be exposing themselves to more discrimination lawsuits by workers,
JPMorgan Chase & Co. and Goldman Sachs Group Inc. are pushing back on demands to roll back their diversity initiatives.
Bank of America and Citigroup also received shareholder proposals from right-leaning groups challenging their business ...
In response to external attacks on DEI at big-name financial firms, JPMorgan Chase CEO and Chair Jamie Dimon had a few choice ...
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their commitments to diversity, equity and inclusion programs.
Costco shareholders overwhelmingly rejected a proposal to probe its diversity, equity and inclusion practices for legal risks ...
On the ground in Davos, DEI has been the subject of conversation both on-the-record and behind closed doors, with discussions ...
NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC ...
Several conservative-leaning activist groups have been calling for some major banks to revoke their diversity, equity and ...
Costco shareholders voted strongly against a proposal requesting a report on the risks of maintaining its diversity and inclusion initiatives, the U.S. company said on Thursday, sending a message ...
Texas and nine other Republican-led states are ratcheting up pressure on Wall Street’s diversity programs, asking firms about ...
The state's attorney general warned Goldman, JPMorgan, BlackRock, and other heavyweights of possible legal consequences to their diversity policies.
The principles of diversity, equity and inclusion in the workplace are a longtime target of President Donald Trump and the ...
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