Reported about 13 hours ago
Citigroup and PepsiCo have recently announced significant rollbacks to their diversity, equity, and inclusion (DEI) policies amid increasing scrutiny from the U.S. government. Citigroup's CEO Jane Fraser stated that the bank would no longer require diverse hiring practices, while PepsiCo will dismantle its DEI officer role and end certain representation goals. This trend reflects a broader shift among U.S. corporations away from DEI initiatives following a Supreme Court ruling and a federal order affecting corporate diversity practices.
Source: YAHOO