Companies are cutting back or rebranding their diversity, equity, and inclusion (DEI) programs to avoid scrutiny, Axios reported.
Conservatives have recently pushed back against corporate DEI initiatives with legal action, and attacks on the program are likely to intensify in 2024. according to To Axios. Since the Supreme Court struck down race-based admissions policies at Harvard University and the University of North Carolina in June, companies have become concerned about legal scrutiny and have been forced to eliminate obvious quotas or change the names of initiatives. I took actions to change direction, such as:
“Anything resembling quotas” is no longer acceptable, Diana Scott, leader of the Conference Board Human Capital Center, told Axios. (Related: Biden FAA promotes diversity hiring as air traffic control system descends into complete chaos)
DEI is racist and clearly illegal. We demand accountability and fight back in court. https://t.co/ZNkMSlDA34 pic.twitter.com/Z38Oq4qBs4
— America First Legal (@America1stLegal) January 4, 2024
Companies like investment giant Blackstone are prioritizing socio-economic diversity rather than racial diversity. according to To Fortune. They're also using terms like “wellbeing and inclusion” instead of DEI, Scott told Axios.
Additionally, companies such as Netflix, Disney, and Warner Bros. Discovery have announced the departure of prominent DEI executives. according to To the Wall Street Journal.
Funding and hiring for these efforts will decline in 2023, with companies prioritizing these efforts following the significant traction gained after the death of George Floyd. according to To Bloomberg. His DEI budgets for American organizations fell from 58% in 2022 to 54% in 2023, while over the same period he saw the number of organizations with DEI strategies plummet by 9%. according to Contributed to a report by consulting firm Paradigm.
However, none of the 194 chief human resources officers investigated The Conference Board asserted in December that it intends to cut DEI in 2024. More than 60% of them intend to prioritize appealing to an increasingly diverse workforce.
“Companies are really starting to look at other ways to get the job done without saying they're doing the job,” said Cinnamon Clark, co-founder of DEI consulting firm Good Work Sustainability. he told Axios.
The Conference Board did not immediately respond to the Daily Caller News Foundation's request for comment.
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