Tag

Techlayoffs

All articles tagged with #techlayoffs

"Tech Giants Cut DEI Positions Amid Political Shifts and Broken Diversity Promises"
business-and-economy2 years ago

"Tech Giants Cut DEI Positions Amid Political Shifts and Broken Diversity Promises"

Major tech companies like Google and Meta have significantly reduced job openings for Diversity, Equity, and Inclusion (DEI) roles, with a reported 44 percent drop in 2023 according to data from Indeed. This trend is accompanied by substantial budget cuts in DEI departments, sometimes up to 90 percent. The article suggests that DEI initiatives are seen as a luxury that companies indulge in during better economic times, and as the economy weakens, these roles are among the first to be cut. Critics argue that DEI efforts do not address core issues and are not deeply rooted in company values, implying that the reduction in DEI jobs may continue into 2024 as companies reassess their priorities amidst economic challenges.