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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.
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 ...
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.”
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 ...
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 ...
Walmart is scaling back some of its diversity initiatives, becoming one of the most prominent companies yet to make such an about-face as activist pressure builds. DEI rollback reaches Walmart as ...
“This is inconsistent with the Walmart I know,” said Morial, who argued that DEI policies are how organizations ensure compliance with federal anti-discrimination laws like the Civil Rights Act of 1964 and any suggestion of favoritism or preferential treatment “is really defamatory against what DEI represents.” He said that Walmart ...
Walmart logo is shown on the front of shopping cart at a Walmart store on May 18, 2023 in Chicago, Illinois. In conservative circles, the 2024 election is being viewed as a referendum on DEI .