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JPMorgan 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.
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Seeking Alpha broke the news in United States on Thursday, March 20, 2025.
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