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Companies grapple with uncertainty as Trump targets private sector DEI

BlackRock's leadership announced a shift away from Diversity, Equity, and Inclusion policies, effective immediately, in a company-wide email on Friday.
The company will not renew its workforce representation goals that expire in 2024, but will continue to welcome diverse talent worldwide without mandated interviews.
BlackRock plans to combine its Talent Management and DEI teams into one global Talent and Culture team amid emerging legal changes in the U.S.
This decision follows President Donald Trump's signing of an executive order to investigate corporate DEI programs, which many believe violate civil rights laws.

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fair360.com

Fair360: Where We're Going

I changed the name of my company from DiversityInc to Fair360 two years ago. I saw the anti-DEI movement coming. It’s okay, progress requires adaptation and innovation. Change is necessary when, as one example, you have a system where women have earned more than half of bachelor’s and master’s degree since the 1980s (and earned more than half of PhDs since the 1990s). Despite this, women are only 10% of Fortune 500 CEOs. Focusing on Outcomes We …

7 hours ago

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Boston Globe

State Street shelves board diversity goals amid DEI backlash - The Boston Globe

Last year, Boston-based State Street Global Advisors said it expected corporate boards to be comprised of at least 30 percent women or it may vote against the head of the companies’ nominating committees.

9 hours ago·Boston, United States

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Barron's

Inside JPMorgan Chase: Restive Employees Amid Record Profits

Amid record profits, JPMorgan and Jamie Dimon face internal turmoil over pay, layoffs, and DEI.

10 hours ago·New York, United States

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Bloomberg

State Street Shelves Board Diversity Goals Amid DEI Backlash

State Street Corp.’s investing group shelved gender diversity targets for company boards amid mounting backlash against diversity, equity and inclusion across corporate America.

11 hours ago·United States

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Australian Financial Review

‘Unsatisfactory’: US-based firms book biggest gender pay gaps

Law and consulting firms run out of the United States are grappling with the effects of an anti-DEI drive from the US government.

11 hours ago·Sydney, Australia

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realnewsnow.com

Biden's Dubious DEI-focused Hiring Exposes Flawed Priorities - Real News Now

The Trump administration’s Department of Justice has embarked on a distinct path, drifting away from its predecessor, the Biden regime. One of their initial objectives pinpointed was the Diversity, Equity and Inclusion (DEI) framework, unearthing the questionability of its practices in a new light. In October 2024, the Department of Justice under Biden shockingly sued the Maryland State Police (MSP) because they insisted on trooper candidates me…

23 hours ago

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