Meta on Friday told employees it plans to end a number of internal programs designed to increase the company's hiring of diverse candidates. The company said it's ending the practice of qualified candidates from underrepresented groups for open roles and its equity and inclusion training programs.
Axios reports that Meta is eliminating its biggest DEI efforts, effective immediately, including ones that focused on hiring a diverse workforce, training, and sourcing supplies from diverse-owned companies. Its DEI department will also be eliminated.
Meta is rolling back its DEI program, Business Insider has learned. The company's vice president of human resources, Janelle Gale, announced the move on its internal communication platform called Workplace on Friday, which was seen by Business Insider.
A Costco board member has taken aim at companies rolling back diversity, equity and inclusion policies, calling for businesses to "maximize" DEI instead.
CNBC's Joe Kernan and Becky Quick break down the latest news.
Costco appears to be bucking the anti-DEI wave with its defense of its diversity initiatives. Data published last year suggests shareholders largely support diversity efforts.
Costco's Board of Directors is standing up for its Diversity, Equity, and Inclusion (DEI) program. As a result, Trump loyalists are vowing to boycott the retailer, while some are applauding the brand's commitment to inclusivity.
Costco Wholesale faces an upcoming proxy battle brought by the National Center for Public Policy Research (NCPPR), challenging its diversity, equity and inclusion (DEI) program.
Costco's board of directors is urging shareholders to vote against a proposal that would eliminate the wholesale retailer's diversity, equity and inclusion (DEI) program.
UK investors could soon be given the opportunity to test the culture warriors' latest rallying cry of ‘go woke go broke'. James Fishback (he/him), a hedge fund manager and acquaintance of president-elect Donald Trump, is reportedly interested in opening up his ‘anti-woke' Azoria Meritocracy investment fund to UK investors.
Douglas Emmett, Inc. (NYSE:DEI ) Q3 2024 Earnings Conference Call November 5, 2024 2:00 PM ET Company Participants Stuart McElhinney - Vice President of Investor Relations Jordan Kaplan - President & Chief Executive Officer Kevin Crummy - Chief Investment Officer Peter Seymour - Chief Financial Officer Conference Call Participants Blaine Heck - Wells Fargo & Company Alexander Goldfarb - Piper Sandler Companies Michael Griffin - Citigroup Inc. Jeffrey Spector - Bank of America Steve Sakwa - Evercore Inc. Richard Anderson - Wedbush Securities Inc. Nicholas Yulico - Scotiabank John Kim - BMO Capital Markets Peter Abramowitz - Jefferies Group LLC Dylan Burzinski - Green Street Advisors, LLC Operator Ladies and gentlemen, thank you for standing by. Welcome to Douglas Emmett's Quarterly Earnings Call.
The headline numbers for Douglas Emmett (DEI) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.