Walmart, once eager to promote diversity, pulls back amid conservative pressure

Quick Summary:

In 2020, it set up a Centre for Racial Equity to give out $134.8 million in grants over five years.

Many companies are concerned about the threat of litigation targeting DEI programs after a 2023 Supreme Court decision striking down race-conscious college admissions.

Diversity experts note that while companies worry about the social and cultural backlash they are facing, they also have to juggle concerns about their workforce.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Initiatives Company Policies Changes Walmart Centre Pulling Social Equity Diversity Media

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 07:40:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 496 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23899144

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

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