Citi becomes latest US company to abandon diversity targets

U.S. Companies Scaling Back DEI Efforts Amid Trump's Orders

President Donald Trump has been targeting diversity, equity, and inclusion (DEI) efforts at the federal level, and the impact is being felt far and wide.  On Jan. 20, Trump’s first day back in the Oval Office, he signed an Executive Order titled “Ending Radical And Wasteful Government DEI Programs And Preferencing,” which states that the efforts “demonstrated immense public waste and shameful discrimination.” Trump then directed all federal DEI …

Citigroup joins corporate retreat from diversity initiatives

Citigroup will no longer require a diverse slate of candidates for job interviews, its CEO said in a memo on Thursday, as corporate America contends with a new business climate under President Donald Trump.

As banks retreat from DEI, Citi is making these changes to its diversity and hiring practices

Citigroup says it will no longer require “diverse slates of candidates and diverse panels of interviewers.”

Citigroup Scales Back Diversity, Equity, and Inclusion Initiatives

The diversity, equity, and inclusion dominoes continue to fall, and Citigroup became the latest to tumble. CNBC reported that Citigroup CEO Jane Fraser sent a companywide memo Thursday, stating that it no longer require a diverse slate of candidates for job interviews, that it would only set "aspirational representation goals" where required by local law,...

Another Wall Street Giant Retreats from Its DEI Efforts - The Minnesota Sun

by Ireland Owens   Citigroup has become the latest major financial institution to retreat from some of its diversity initiatives. Citigroup CEO Jane Fraser told staff in a Thursday memo that the company is walking back some of its diversity policies, including renaming its diversity, equity and inclusion (DEI) team and also getting rid of “aspirational representation goals except as required by local law.” The bank’s decision comes amid growing …

Citigroup Ending DEI Program

Citigroup is rolling back employment diversity initiatives, CEO Jane Fraser said in a Feb. 20 memo, following similar actions taken by major companies as corporate America navigates a shifting business climate. “The recent changes in U.S. federal government policy, including new requirements that apply to all federal contractors, call for changes to some of the global strategies and programs we’ve used to attract and support colleagues from vari…