Tag

Diversity Equity And Inclusion

All articles tagged with #diversity equity and inclusion

business1 year ago

Corporate America's Racial Equity Progress 4 Years After George Floyd

Four years after George Floyd's death, corporate America's commitments to diversity, equity, and inclusion (DEI) are under scrutiny amid growing conservative backlash. While some companies are rethinking their DEI initiatives due to legal challenges and political pressure, many continue to support these efforts, albeit less vocally. The focus is shifting towards "inclusion" to create fair opportunities for all, as companies navigate the evolving legal and social landscape.

financeeconomy1 year ago

Jamie Dimon's Economic Warnings: Inflation, AI Impact, and Fed Concerns

Jamie Dimon, CEO of JPMorgan Chase, expressed concerns about stubborn inflation, potential interest rate hikes, and the risk of recession in his annual shareholder letter. He also highlighted the transformative impact of artificial intelligence and voiced support for diversity, equity, and inclusion initiatives within the company.

politics2 years ago

"Dean Phillips Faces Backlash for Removing DEI References from Campaign Website"

Democratic candidate Dean Phillips defended removing "Diversity, Equity, and Inclusion" from his campaign website, stating it was not due to pressure from donor Bill Ackman. Phillips replaced the phrase with "Equity & Restorative Justice," emphasizing a desire to go beyond traditional diversity efforts and address the racial wealth gap. He denied being influenced by donors and stated that he has been learning from various perspectives, including Ackman's, but maintains his independence.

politics2 years ago

GOP Committee Rejects Pay Raises for University of Wisconsin Employees

A Republican-controlled legislative committee in Wisconsin approved 6% pay raises for most state employees over the next two years, but withheld any increase for University of Wisconsin (UW) staff unless the UW system eliminates its diversity, equity, and inclusion positions. Democrats criticized the move, with Governor Tony Evers calling it "wrong." The committee's decision reflects Republican opposition to the UW system's DEI initiatives, which some conservatives view as liberal indoctrination. Not all Republicans supported the decision, and UW President Jay Rothman expressed disappointment. UW campuses have faced financial challenges, and the rejection of pay raises for UW employees comes after repeated calls for approval. The approved plan also includes back pay for most state employees and higher starting wages for Department of Corrections guards.

business2 years ago

"Auto Industry's DEI Investments Amidst Worker Strikes and Shared Challenges"

America's largest automakers, including General Motors, Ford, and Stellantis, are facing criticism for spending millions on diversity, equity, and inclusion (DEI) programs while their workers are on strike demanding fair pay. The companies have employed numerous DEI specialists, with leading staffers earning over $200,000. General Motors alone has allocated at least $110 million to DEI initiatives since 2020. Critics argue that instead of investing in DEI, the automakers should prioritize compensating their workers fairly and providing them with a generous pay raise.