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

Economic Times

Economic Times · 7m ago

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

Walmart is reversing its diversity, equity, and inclusion policies, following other major corporations that have done the same under conservative pressure. The changes include not renewing commitments to racial equity centers and LGBTQ+ indexes. Walmart will no longer prioritize historically marginalized groups in supplier contracts and will monitor third-party marketplace items to ensure they don't feature sexual and transgender products for minors. The move reflects the increased pressure faced by corporate America following the Supreme Court's decision to end affirmative action. Conservative groups and activists have targeted workplace diversity programs and hiring practices.

Related News

US companies tweak diversity policies as challenges mount

Livemint

Livemint · 6m ago

US companies tweak diversity policies as challenges mount

U.S. corporations, including Meta Platforms and Amazon, are adjusting their diversity, equity, and inclusion (DEI) initiatives due to increased pressure from conservative groups. Companies like Starbucks, Deere, and Walmart are either ending or modifying DEI policies, including withdrawing from the Human Rights Campaign surveys and eliminating diversity-related roles or incentives. These adjustments reflect a broader trend of aligning corporate policies with performance-based incentives rather than DEI goals, amidst evolving social and political climates.

Diversity pullback: Tech giants lead US companies in pulling back on initiatives

Economic Times

Economic Times · 4m ago

Diversity pullback: Tech giants lead US companies in pulling back on initiatives

Since 2020, major companies like Uber, Salesforce, PepsiCo, Google, Meta, Amazon, Goldman Sachs, Target, McDonald's, Walmart, Ford, Lowe's, Harley-Davidson, Brown-Forman, John Deere, and Tractor Supply have scaled back diversity, equity, and inclusion (DEI) initiatives. This shift follows external pressures, including political challenges and legal changes, prompting them to modify or eliminate DEI programs, goals, and reporting to focus more on direct business objectives and traditional growth strategies.

Meta CTO tells staff to quit if unhappy with new company policies

Economic Times

Economic Times · 5m ago

Meta CTO tells staff to quit if unhappy with new company policies

Meta's CTO Andrew Bosworth told employees unhappy with company policies to leave, following internal criticism of reduced diversity, equity, and inclusion (DEI) programs and dissent suppression. This came amid layoffs targeting low performers. Other U.S. companies, like Google and Amazon, have also shifted DEI policies due to regulatory changes. Conversely, companies like Apple and Costco prioritize DEI initiatives. President Trump's executive orders have led to the rollback of federal DEI programs, impacting related staff and training.

Donald Trump asks Apple to end diversity policies after shareholders vote in favor

Economic Times

Economic Times · 4m ago

Donald Trump asks Apple to end diversity policies after shareholders vote in favor

Former President Donald Trump urged Apple to eliminate its diversity, equity, and inclusion (DEI) policies after shareholders voted to retain them. Trump criticized DEI initiatives as discriminatory and detrimental. He previously issued an executive order ending DEI efforts in federal and private sectors. Apple's CEO, Tim Cook, defended DEI, emphasizing innovation through diversity and collaboration but acknowledged potential adjustments due to legal changes. The vote reflected ongoing debates on DEI's role in corporate America.

Meta, Amazon scale back diversity programs ahead of Trump inauguration

Economic Times

Economic Times · 6m ago

Meta, Amazon scale back diversity programs ahead of Trump inauguration

Facebook owner Meta and Amazon are reducing their diversity programs amidst growing conservative opposition, especially ahead of Trump's potential return to the presidency. Meta has ended its diversity, equity, and inclusion (DEI) programs and made moves pleasing to conservatives, including cutting its US fact-checking program and aligning with Trump allies. Similarly, Amazon is scaling back its DEI materials, influenced by a US Supreme Court ruling against affirmative action and conservative legal threats targeting such initiatives.

Walmart’s Reign as America’s Biggest Retailer Is Under Threat

Livemint

Livemint · 1y ago

Walmart’s Reign as America’s Biggest Retailer Is Under Threat

Walmart's position as the nation's biggest company by revenue is under threat from Amazon. While Walmart reported a revenue growth of 6% last year, Amazon's revenue grew by 12%. Walmart's size makes it difficult to find additional sales growth, especially as about 90% of Americans already shop at the retailer. Walmart is also facing uncertainty due to the pandemic and rising inflation. To combat this, Walmart is exploring new revenue sources, such as advertising, and revamping its stores to appeal to a broader range of customers.

Google scraps diversity-based hiring targets

Livemint

Livemint · 5m ago

Google scraps diversity-based hiring targets

Alphabet's Google is discontinuing its diversity hiring goals and reassessing its DEI (diversity, equity, and inclusion) initiatives. Previously, Google set goals in 2020 to increase leadership diversity by 30% by 2025. This decision aligns with a broader trend among U.S. companies reducing diversity efforts, coinciding with conservative criticism against such programs. The company will maintain its internal employee diversity groups but adjusts its policies to comply with recent government directives and court decisions.

Still afloat: The anti-DEI wave hasn’t swept women CEOs aside

Livemint

Livemint · 21d ago

Still afloat: The anti-DEI wave hasn’t swept women CEOs aside

Despite political resistance to diversity, equity, and inclusion (DEI) policies in the U.S., the number of women CEOs has grown. Diverse corporate boards are more likely to appoint women to top roles. However, progress is slow, and attacks on DEI initiatives pose a challenge to advancing women's presence in the boardroom and executive positions. The decline in appointing women to boards over the past two years suggests delays in achieving gender parity in leadership.

Walmart seeks fair play in global game, says CEO

Economic Times

Economic Times · 21d ago

Walmart seeks fair play in global game, says CEO

Walmart CEO Doug McMillon emphasized the importance of a level playing field and consistent policies across countries for the company. Amid ongoing trade negotiations between the U.S. and India, McMillon stated that Walmart aims to comply with local rules, likes buying locally, and welcomes potential changes allowing inventory holding in India. Walmart focuses on maintaining low prices and sourcing locally to manage tariffs and provide value to customers.

Walmart will deploy robotic forklifts in its distribution centers

TechCrunch · 1y ago

Walmart will deploy robotic forklifts in its distribution centers

Walmart is partnering with Fox Robotics to bring 19 robotic forklifts to its distribution centers. This follows a successful 16-month pilot program that tested the technology at Walmart's high-tech DC in Florida. The company plans to roll out automated technology to all 42 of its Regional Distribution Centers. Automating forklifts improves efficiency and safety, as these machines can be dangerous in tight spaces with human workers present.

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