Tag

Corporateculture

All articles tagged with #corporateculture

business-diversity-and-inclusion2 years ago

"Lululemon Embroiled in DEI Controversy Amid Founder's Backlash and Calls for Boycott"

Lululemon is facing accusations of performative diversity, equity, and inclusion (DEI) practices after former employees filed complaints with the Equal Employment Opportunity Commission alleging racial discrimination. Despite the company's public commitment to DEI following George Floyd's death and the establishment of an IDEA department to increase diversity, former staff members have reported a corporate culture that is unwelcoming to Black people and uses stereotypes that hinder minority career advancement. The company has responded, stating that the allegations do not reflect their culture, but no information on the EEOC's response to the complaints has been disclosed.

business2 years ago

Mark Cuban Clashes with Elon Musk on DEI Stance

Mark Cuban countered Elon Musk's criticism of diversity, equity, and inclusion (DEI) programs after Musk labeled them as "racist" on social media. Cuban defended DEI initiatives as beneficial for businesses, arguing they help in finding the best employees and enhancing productivity by creating a stress-free environment. Musk's comments followed the resignation of Harvard's first Black president, Claudine Gay, and were in response to an essay by Bill Ackman, who also criticized DEI efforts. Cuban emphasized that good businesses seek talent from diverse backgrounds and that DEI-phobic companies are at a disadvantage.