Slate Money Money Talks: RIP DEI?
Nov 26, 2024
Simone Foxman, a seasoned finance reporter at Bloomberg News, dives deep into the current challenges facing Diversity, Equity, and Inclusion programs. She explores the backlash against DEI from conservatives and what potential changes could arise under a second Trump term. The discussion touches on the historical context of workforce diversification, the emergence of new challenges to traditional DEI practices, and the ongoing political discourse surrounding legal battles. It's a vital conversation about the future of inclusivity in a rapidly shifting landscape.
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DEI Evolution
- DEI initiatives have evolved, gaining momentum with MeToo and George Floyd's murder.
- Companies pledged billions to diversify workforces and incorporate diverse suppliers.
DEI Emphasis Shift
- Pre-George Floyd, DEI efforts existed but received less attention from executives.
- Post-Floyd, the focus shifted to magnifying and projecting those efforts.
DEI During Obama Era
- During the Obama years, corporate DEI efforts increased and became more publicized.
- Tech companies like Facebook and Google were at the forefront, championing initiatives like anti-bias training.