Sunday, July 23, 2023

Thousands of diversity and equity officers have been laid off, and left-wing activists are panicking

Good news! Good Riddance!

"... According to one estimate, the DEI industry ballooned to $3.4 billion in 2020Since then, chief diversity officers are experiencing 40% higher turnover as compared to other positions, according to one study. ..."

"Two years ago chief diversity officers were some of the hottest hires into executive ranks. Now, they increasingly feel left out in the cold.
Companies including Netflix, Disney and Warner Bros. Discovery have recently said that high-profile diversity, equity and inclusion executives will be leaving their jobs. Thousands of diversity-focused workers have been laid off since last year, and some companies are scaling back racial justice commitments. ...
In the wake of [career criminal and addict] George Floyd’s murder [death (It is peculiar that the WSJ used the word murder)] in police custody in May 2020, companies scrambled to hire chief diversity officers, changing the face of the C-suite. In 2018, less than half the companies in the S&P 500 employed someone in the role, and by 2022 three out four companies had created a position, according to a study from Russell Reynolds, an executive search firm. ..."

Thousands of diversity and equity officers have been laid off, and left-wing activists are panicking, WSJ reports - TheBlaze


The Rise and Fall of the Chief Diversity Officer Diversity executives hit the exits as company priorities shift; ‘everything is a battle’

No comments: