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Factbox-US companies are changing diversification strategies as challenges mount By Reuters


(Reuters) – Meta Platforms (NASDAQ: ) and Amazon.com (NASDAQ: ) have joined a growing number of US companies in reducing their diversity, equity, and inclusion (DEI), which aimed at strengthening racial and ethnic representation in the workplace against them. the backdrop of rising pressure from traditional groups.

At least six major US companies, including JPMorgan Chase (NYSE:), have changed their DEI policies in the past year, according to a Reuters review of corporate statements.

Here is a list of companies that have left the DEI program or made tweaks to some of the policies in 2024:

Company Statement

Starbucks (NASDAQ:) In March, the coffee giant’s shareholders voted

for a reduced executive compensation plan

bonus related to DEI goals.

Tractor Company at the end of June said that it will not go

Donate long-term and send information to the Human Rights Campaign

(HRC), which advocates for LGBTQ rights.

Tractor Supply (NASDAQ:) also said it will eliminate DEI

part and leave the current goals of DEI.

Deere (NYSE: ) The company said in July it would not

contributing or supporting outside the community or

cultural awareness parties, festivals, or

events. A farm implement manufacturer too

affirmed that the existence of diversity

quotas and pronoun repetition never

it was and is not company policy.

Harley-David In August, the motorcycle manufacturer said

the son would not participate in the HRC survey and have

has ended its DEI efforts.

Brown-Forman, the maker of Jack Daniel’s, said it would confirm

executive recommendations and employee goals are

tied to the business process, eliminate participation

in the HRC’s findings and rejecting its majority

employee orientation and supplier diversity.

Lowe’s (NYSE: ) home improvement chain is no more

contribute to HRC’s research and it will integrate it

different groups of business resources that represent

different workers under one umbrella

organization. Lowe said it will happen in August

not supporting or participating in public events

such as parades, festivals, or parties.

Ford Motor (NYSE: ) The automaker said it will change its DEI

program, including ending participation in

LGBTQ advocacy group ranking system.

Molson Coors (NYSE: ) brewer said it will stop participating

Drink to the HRC index, and it will bind the manager

incentives to business operations and not

diplomatic aspirations begin

next year.

Boeing (NYSE: ) The airplane maker has taken the world by storm

diversity, equity and inclusion sector

according to Bloomberg News. Different types of Boeing

vice president Sara Liang Bowen announced on

October on LinkedIn that he had left

company.

Walmart (NYSE: ) The bellwether of retail will never think again

race and gender to enhance diversity when

awarding supplier contracts and discounting

racial equality training. Walmart is there too

to stop participating in positions with HRC and

also checking its support for Pride and more

events.

The social media company ended its DEI

Meta programs, including recruitment, training

Platforms and select suppliers.

The ecommerce giant was “running out of time

Amazon.com programs and tools” as part of the review of

© Reuters. Mark Zuckerberg, Menlo Park, California, September 25, 2024. REUTERS/Manuel Orbegozo

hundreds of efforts, according to the memo

sent to staff in December.





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