Shift Away from DEI in Corporate America

Diversity, equity, and inclusion (DEI) officers, once seen as essential in the corporate world, are now facing layoffs and cuts. Major companies like Netflix and Disney have recently laid off their DEI officers. The trend away from DEI roles can be attributed to market conditions, such as economic decline and layoffs, where companies see DEI as a luxury role that is not necessary for their bottom line. Additionally, there has been a political backlash against DEI programs, with conservative legal activists filing lawsuits against companies that prioritize DEI over fiscal responsibility. Some DEI executives also express frustration over lack of budgets and institutional support, leading to them stepping back from their roles.