DEI is dying, as big companies wake up to an obvious truth: Dividing people divides people. DUH!
Walmart is just the latest company to hop on the trend of slashing diversity, equity and inclusion initiatives, joining Ford, Google, Meta and Tesla, among others.
The company confirmed to Fox Business Monday that it will pump the brakes on its Racial Equity Center, which it launched in 2020 for a five-year trial period, and is ditching the term “Latinx” (which only 4% of Hispanics use themselves) in corporate messaging.
The company is even cutting mention of “DEI” altogether. Rather than “diversity,” it will emphasize “belonging.” The megastore chain is the largest company to ditch DEI practices so far.
DEI is dying, as big companies wake up to an obvious truth: Dividing people divides people. DUH!
Walmart is just the latest company to hop on the trend of slashing diversity, equity and inclusion initiatives, joining Ford, Google, Meta and Tesla, among others.
The company confirmed to Fox Business Monday that it will pump the brakes on its Racial Equity Center, which it launched in 2020 for a five-year trial period, and is ditching the term “Latinx” (which only 4% of Hispanics use themselves) in corporate messaging.
The company is even cutting mention of “DEI” altogether. Rather than “diversity,” it will emphasize “belonging.” The megastore chain is the largest company to ditch DEI practices so far.