Boeing has had a tumultuous year, marked by a series of setbacks including safety incidents, executive departures, and declining stock prices. Now, the company’s decision to dismantle its DEI department has sparked further controversy. Sara Liang Bowen’s departure as Boeing’s head of DEI highlights the personal and professional toll of these decisions. In a heartfelt […]
Jack Daniel’s and Harley Davidson have each announced that they are ending all diversity, equity, and inclusion (DEI) efforts after extremists threatened “anti-woke” boycotts. The motorcycle company announced Monday that it would be reviewing its sponsorships and pulling out of the Human Rights Campaign’s (HRC) corporate equality index, while also ensuring that employee training will […]
The University of Virginia (UVA) has at least 235 employees under its “diversity, equity and inclusion (DEI)” banner — including 82 students — whose total cost of employment is estimated at $20 million. That’s $15 million in cash compensation plus an additional 30-percent for the annual cost of their benefits. In contrast, last Friday, the […]
Diversity, equity, and inclusion, or DEI , has insinuated itself into many aspects of Americans’ lives, from corporate hiring to college admissions. Over much of the past few years, diversity officers have been some of the hottest hires in business , university, and government bureaucracies. But recently, they’ve begun to feel left out in the […]
Just three years after the murder of George Floyd in Minneapolis set off a torrent of hiring of chief diversity officers and other such roles, companies are coming under attack from conservative legal activists who argue that their DEI policies and programs constitute racial discrimination. The challenges come as companies, faced with an uncertain economy, […]
Larry Fink, CEO of investment firm BlackRock, is facing backlash over a 2017 comment admitting his company would “force behaviors” on inclusion efforts, amid a rise in pushback against companies making environmental, social and corporate governance (ESG) investments on behalf of everyday Americans. While sitting alongside former AmEx CEO Kenneth I. Chenault in a resurfaced […]
Three USA-based banks have failed in four days. All of the banks appeared to have been hiring managers for their “identity,” rather than for skill, and were investing heavily in the environmental, social, and governance priorities known as ESG and in the diversity, equity, inclusion priorities known as DEI. They are now being rescued by […]
