Meta completes DEI programs for businesses
Tech giant Meta on Friday completed its massive diversity, equity and inclusion (DEI) initiatives with immediate success, joining a growing group of companies supporting DEI initiatives.
Axios reported citing a memo to Meta employees explaining that the company is immediately halting its DEI recruiting, training and supplier selection programs.
The company told employees that “the legal and policy landscape around diversity, equity and inclusion efforts is changing” in a memo from Meta’s vice president of human resources, Janelle Gale, according to an Axios report.
Meta confirmed the Axios report in response to an inquiry from FOX Business.
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Gale’s memo noted recent Supreme Court decisions that had the effect of “signaling a shift in the way courts will address DEI,” which contributed to the change.
“The term ‘DEI’ has also been charged, in part because some understand it as a practice that suggests preferential treatment to some groups over others,” Gale wrote in a memo reported by Axios.
A ticker | Security | Finally | Change | change % |
---|---|---|---|---|
META | META PLATFORMS INC. | 622.51 | +11.79 |
+1.93% |
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Meta’s announcement comes after it announced earlier this week that it would end its fact-checking program.
Meta’s CEO, Mark Zuckerberg, said the company plans to replace them with social notes similar to those on X.
Several other prominent companies have pushed back on DEI policies in recent months.
McDonald’s announced Monday that it is ending some of its DEI policies, saying that while it is committed to inclusion, it is abandoning its “representational goals,” as well as ending its DEI pledge to suppliers. The company also changed the name of its diversity group to the Global Investment Group and ended external surveys on the matter.
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The fast-food giant’s decision follows similar changes made in 2024 by Walmart, Ford Motor Co., John Deere, Lowe’s and Toyota.
Additionally, in mid-December, an appeals court rejected Nasdaq’s diversification rules previously approved by the Securities and Exchange Commission.
Breck Dumas of FOX Business contributed to this report.
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