US EditionJPMorgan changes DEI to DOI as companies respond to Trump assault on ‘equity’
- JPMorgan Chase is renaming its Diversity, Equity, and Inclusion programs to Diversity, Opportunity, and Inclusion, as stated by Chief Operating Officer Jenn Piepszak in a memo.
- The bank will streamline some diversity programs into different lines of business and reduce training related to these topics.
- Several companies, including Citigroup, have altered their DEI policies in response to pressure from conservative groups and governmental actions.
- Piepszak emphasized that the focus is on equal opportunity rather than equal outcomes, stating, "We work to reduce barriers, not standards.
22 Articles
22 Articles
Jamie Dimon Reveals He Will Remain JPMorgan's CEO For 'Few More Years,' Jokes He Won't Swear This Time - JPMorgan Chase (NYSE:JPM)
Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE:JPM), addressed employees at a town hall meeting on Thursday at the bank’s Dallas corporate conference center in Plano, Texas. What Happened: Dimon humorously opened the session, which lasted about an hour, with a joke, promising, "No swearing this time,” setting a relaxed tone, according to a report by Fortune. He discussed his future at JPMorgan, stating he plans to remain CEO for a “few more year…
JPMorgan quietly renames DEI program as White House wages war on woke corporate policies
The Jamie Dimon-led banking giant is renaming its DEI program "Diversity, Opportunity and Inclusion" -- subbing in "Opportunity" to replace the controversial "Equity" component of DEI, according to a memo obtained by The Post.
FCC Chair Threatens to Block M&A for Companies That Embrace DEI Policies
In the Trump administration’s latest crackdown on diversity, equity and inclusion, FCC chairman Brendan Carr has put companies who promote “invidious” DEI policies on notice, warning that the agency is prepared to block any merger and acquisition proposals they may make. “Any businesses that are looking for FCC approval, I would encourage them to get busy ending any sort of their invidious forms of DEI discrimination,” Carr told Bloomberg in an …
JPMorgan renamed its DEI programs amid pressure from Washington. Read the full memo.
JPMorgan will replace "equity" with "opportunity" in rebranding its DEI programs.Rebecca Noble/Getty Images; Tasos Katopodis/Getty Images for The AtlanticJPMorgan is renaming its diversity, equity, and inclusion programs, per a company memo.The company said it'll refer to them as "diversity, opportunity, and inclusion" initiatives.It comes as Wall Street banks bow to pressure from Washington over DEI.JPMorgan is renaming its diversity, equity, a…
Coverage Details
Bias Distribution
- 43% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
