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Corporate America’s backlash against diversity gathers pace

Corporate America’s backlash against diversity gathers pace

As diversity, equity and inclusion get more divisive, American companies are shedding jobs in this area and outsourcing the work to consultants.

Taylor Telford

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After George Floyd’s murder in 2020, companies made big pledges about racial equity, hiring teams dedicated to diversity, equity and inclusion. Now corporate America is pulling back – cutting diversity, equity and inclusion jobs and outsourcing the work to consultants.

DEI jobs peaked in early 2023 before falling 5 per cent that year and shrinking by 8 per cent so far in 2024, according to Revelio Labs data. The attrition rate for DEI roles has been about double that of non-DEI jobs, says Revelio, which tracks workforce dynamics.

Washington Post

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Original URL: https://www.afr.com/world/north-america/corporate-america-s-backlash-against-diversity-gathers-pace-20240219-p5f624