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Walmart created its DEI initiative after the 2020 murder of George Floyd when many businesses pledged to make their workforces and their leadership better reflect the diverse communities they serve.
Even so, Walmart's decision comes amid growing pressure from conservatives to halt corporate DEI policies, which ramped up after the U.S. Supreme Court's ruling in June 2023 ending affirmative ...
Trump named Miller to be the deputy chief of policy in his new administration. A Walmart spokesperson said some of its policy changes have been in progress for a while. For example, it has been moving away from using the word DEI in job titles and communications and started to use the word “belonging.”
Shares are up 4.6% since Starbuck revealed Walmart's DEI change on X (Walmart did not release an official statement). The stock is up a whopping 77% in 2024 after it posted a string of earnings ...
NEW YORK (AP) — Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are re-evaluating the legal and ...
Trump's incoming deputy chief of policy will be his former adviser Stephen Miller, who leads a group called America First Legal that has aggressively challenged corporate DEI policies. “There has been a lot of reassessment of risk looking at programs that could be deemed to constitute reverse discrimination,” said Allan Schweyer, principal ...
Walmart joins Harley-Davidson, Tractor Supply Co., John Deere and other companies in revising or pulling back on their DEI programs, support for Pride marches and LGBTQ events, strategies to slow ...
Editor’s note: A previous version of this story misspelled the last name of Walmart CEO Doug McMillon. Walmart is set to roll back diversity, equity and inclusion (DEI) policies nationwide ...