Leading companies are laying off thousands of diversity-focused employees, according to The Wall Street Journal.
Leading companies that have championed diversity, equity and inclusion (DEI) initiatives, including Netflix, Disney and Warner Bros. Discovery, recently announced the departure of high-profile DEI executives, and thousands of employees in diversity-related positions have been laid off since last year. according to to the WSJ. Employee views on the importance of DEI and funding related initiatives have also changed, with many employees not taking his DEI seriously. (Related: Biden regulator poised to push left-wing priorities into workforce)
According to the WSJ, many companies have rushed to hire chief diversity officers in the wake of George Floyd’s death in May 2020. Fewer than half of the S&P 500 companies had chief diversity officer positions in 2018, but by 2022 that number had risen to three in four.
According to the WSJ, data from Live Data Technologies shows that chief diversity officers are far more likely to be fired than similar positions in HR, with a 40% higher turnover rate due to longer job search periods.
The DEI scam is collapsing!
The DEI industry is experiencing a major recession, reports the WSJ. Thousands of “diversity officers” have been laid off. “Very tired and sometimes overwhelmed,” DEI Stasi et al.
DEI is being exposed. good!https://t.co/WAwwK1Q8tu
— Charlie Kirk (@charliekirk11) July 21, 2023
Employee attitudes toward DEI are changing, with only 32% of employees saying it is “very important” to work in an ethnically diverse location, and 38% saying it is “not very/not important at all.” according to According to a Pew Research Center study. In the same survey, 26% felt that “an equal mix of men and women” was “very important,” while 44% said it wasn’t important.
Republican attorneys general from 13 states sent letters to all Fortune 100 companies on July 13, calling for them to end discriminatory hiring practices, following a Supreme Court ruling ordering the end of race-based admissions at colleges. The attorney general argued that the act violated both state and federal law.
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