Paramount Is Rolling Back DEI Initiatives, According to Memo From Its Openly Gay CEOs
Paramount Is Rolling Back DEI Initiatives, According to Memo From Its Openly Gay CEOs
Both George Cheeks and Chris McCarthy, two of three co-CEOs of the conglomerate, were listed in Fortune’s ranking of LGBTQ+ leaders last year.
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What is motivating all companies to remove DEI? Is there any law against it? As far as executive orders, they only apply to government workers.
The DOJ is investigating companies for their hiring practices related to DEI.
https://news.bloomberglaw.com/esg/doj-hunt-for-criminal-prosecution-of-dei-unnerves-companies
The company I work for had a DEIB conference last week. They were asked if they were still moving forward. They said "We built this company on DEIB, of course we are sticking to our values." I couldn''t be more proud.
Wow. A great example of leadership and sense of right and wrong.
My soul needed to hear this.
The blunt end of capitalism: cost savings. Fewer lines to justify on a P&L. They are just using presidential admin changes as cover. Without any sniff of a notion of any regulation, capitalism sees no ethical reasons for additonal cost in business. More profit is more important than people and inclusion.