Tech companies like Googleand Meta made cuts to
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Posted On: 12/26/2023 9:30:35 AM
Tech companies like Googleand Meta
made cuts to their diversity, equity and inclusion programs this year after promoting such initiatives in the recent past. Some companies have laid off DEI staffers and leaders of diverse employee resource groups, downsized learning and development programs, and cut budgets for external DEI groups by as much as 90% in 2023, sources told CNBC’s Jennifer Elias. Corporations had pledged millions of dollars to improve diversity in their ranks and support external groups in the wake of George Floyd’s murder at the hands of Minneapolis police in 2020. But by mid-2023, job site Indeed said DEI-related job postings had declined 44% from the same time a year prior.
made cuts to their diversity, equity and inclusion programs this year after promoting such initiatives in the recent past. Some companies have laid off DEI staffers and leaders of diverse employee resource groups, downsized learning and development programs, and cut budgets for external DEI groups by as much as 90% in 2023, sources told CNBC’s Jennifer Elias. Corporations had pledged millions of dollars to improve diversity in their ranks and support external groups in the wake of George Floyd’s murder at the hands of Minneapolis police in 2020. But by mid-2023, job site Indeed said DEI-related job postings had declined 44% from the same time a year prior.
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