Reported 25 days ago
JPMorgan Chase CEO Jamie Dimon's recent comments questioning the effectiveness of certain diversity, equity, and inclusion (DEI) initiatives have heightened the ongoing debate on DEI spending on Wall Street. Despite his long-standing support for diversity efforts, Dimon expressed frustration over perceived waste in these programs during a town hall meeting, raising concerns about the increasing pressure from conservative activists for corporate changes in DEI policies. As major firms like JPMorgan and Goldman Sachs reassess their DEI approaches amid scrutiny and legal developments, the future of diversity initiatives in corporate America remains uncertain.
Source: YAHOO