At tech companies, DEI departments shed a third of their staff. Corporate DEI initiatives exploded in the wake of the 2020 protests as corporate America clamored to show its commitment to social justice. But such initiatives don’t come cheap: U.S. companies spend a staggering $8 billion a year on diversity training. A False RetreatGiven this reality, the retreat from DEI initiatives is a welcome change. Advocates for a financial-maximizing, business-first, colorblind corporate America must remain vigilant to combat DEI initiatives, however loudly or silently they may proceed.

Source: Wall Street Journal December 07, 2023 11:13 UTC