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Walmart becomes latest - and biggest - company to roll back its DEI policies


//business-finance.news-articles.net/content/202 .. ggest-company-to-roll-back-its-dei-policies.html
Published in Business and Finance on Monday, November 25th 2024 at 23:31 GMT by Bill Williamson   Print publication without navigation

  • NEW YORK (AP)
  • Walmart, the world's largest retailer, is rolling back its diversity, equity and inclusion policies, joining a list of major corporations that have been under pressure by conservative activists. The company confirmed on Monday to The ...

Walmart, the largest retailer in the U.S., has recently scaled back its diversity, equity, and inclusion (DEI) initiatives, joining a trend among major corporations to reduce such programs. This decision comes amidst a broader corporate retreat from DEI efforts, influenced by political and legal pressures, including a Supreme Court decision against affirmative action in college admissions. Walmart has eliminated several DEI roles, including that of its chief diversity officer, Denise Malloy, and has also cut back on external DEI engagements. The company has stated that these changes are part of a broader restructuring to better align with its business goals, emphasizing that DEI remains a priority but will be managed differently. This move reflects a cautious approach by corporations to navigate the increasingly contentious landscape surrounding DEI policies.

Read the Full KOLR10 & Ozarks Local News Article at [ https://www.ozarksfirst.com/news/finance-and-business/ap-walmart-becomes-latest-and-biggest-company-to-roll-back-its-dei-policies/ ]

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