REPORT: Wall Street pulling back from DEI initiatives after white supremacist Elon Musk's Twitter Rants

[RamsayBolton]

Wall Street’s DEI Retreat Has Officially Begun - BNN Bloomberg

Programs once meant for people of color and women are now open to all.

www.bnnbloomberg.ca

Goldman Sachs Group Inc. has made a surprising change to its “Possibilities Summit” for Black college students: It’s opened the program to White students.

At Bank of America Corp., certain internal programs that used to focus on women and minorities have been broadened to include everyone.

And at Bank of New York Mellon Corp., executives are being urged to reconsider hard metrics for workforce diversity. Lose them, lawyers have advised.

From C-suites down, American finance is quietly reassessing its promises to level the playing field. The growing conservative assault on DEI, coupled with pockets of resentment among White employees, have executives moving to head off accusations of reverse discrimination. It’s not just Wall Street. In recent weeks, Zoom Video Communications Inc. cut its internal DEI team amid broader layoffs and Tesla Inc. removed language about minority workers from a regulatory filing.

The seemingly small changes — lawyerly tweaks, executives call them — are starting to add up to something big: the end of a watershed era for diversity in the US workplace, and the start of a new, uncertain one.

Recruitment programs aimed at women and minorities — a key tool for recruiting diverse talent — are being reworked. In-house affinity groups, specific workforce targets and even boardroom diversity initiatives are all up for review, executives, consultants and lawyers say.

It’s a remarkable turn. Less than four years ago, amid lofty talk of a “racial reckoning” and an “inflection point,” America’s CEOs were vowing to embrace inclusive hiring, promote minorities and narrow the gender pay gap.

Musk Rat is using his influence and his social media website to completely reverse progress for black people

mfs still buying Teslas

 

[UnQuantized]

DEI was always fragile, if people have the power to be more inclusive they have the power to shut it down when it's convenient for them.

 

[Amerikan Melanin]

Hopefully this is another wake up call.

Elon needs to be dealt with.

 

[Second Chance Lance]

They are so scared of equality and losing power

 

[Amerikan Melanin]

They are so scared of equality and losing power

They can’t survive on an equal playing field.

 

[3rdWorld]

Do your own thing..to hell with them cacs.

Elon immigration status needs to be rescinded, he's a terrorist now.

 

[RamsayBolton]

You can tell who from the coli has actually worked for a company that implemented DEIA.

DEIA is a tool to advance lgbqt, women, and Hispanics. A black man or woman who doesn’t fit those categories is put on the back burner.


Y’all don’t know this because yall base opinions off tweets and not real life experiences.

yall heard it here first from TLR's expert in DEI, Sir Richard Spirit

Even though asking your sexuality is literally illegal for employers, DEI was only used to advance LGBTQs, women, and hispanics. Black men are completely unaffected by companies pulling back from DEI

back to your regularly scheduled programming brehs don't worry about this

 

[chineebai]

DEI was already on the decline since the great resignation.

 

[Squirrel from Meteor Man]

You can tell who from the coli has actually worked for a company that implemented DEIA.

DEIA is a tool to advance lgbqt, women, and Hispanics. A black man or woman who doesn’t fit those categories is put on the back burner.


Y’all don’t know this because yall base opinions off tweets and not real life experiences.

This is “both sides” babble. Stop letting white people brainwash your mind.

 

[Sir Richard Spirit]

yall heard it here first from TLR's expert in DEI, Sir Richard Spirit

Even though asking your sexuality is literally illegal for employers, DEI was only used to advance LGBTQs, women, and hispanics. Black men are completely unaffected by companies pulling back from DEI

back to your regularly scheduled programming brehs don't worry about this

You only worried about it due to the news telling you to worry..


Why don’t you tell me your experience with DEIA?


Does your council report directly to a white man?

 

[Sir Richard Spirit]

This is “both sides” babble. Stop letting white people brainwash your mind.

Tell me about a your DEIA council..

 

[Uitomy]

Hopefully this is another wake up call.

Elon needs to be dealt with.

By who? He is the establishment.

 

[Koba St]

You got black celebrities buying and promoting teslas and not saying a peep against his open racism

 

[Neo TheInsurrectionistONE]

The Trump effect racism in the open is all brehs have ever wanted and now we've got it

 

[RamsayBolton]

You only worried about it due to the news telling you to worry..


Why don’t you tell me your experience with DEIA?


Does your council report directly to a white man?

This absolute loon thinks he can debate me on whether a white supremacist is doing something to harm black people