Several days ago, over the holiday weekend in the US, the big four accounting firm PwC announced that it would drop some of its diversity targets in the US. Race-based criteria would no longer be used for awarding scholarships or places on an internship program.
It was odd timing for the announcement, perhaps, but it reflected a broader American trend. Since the Supreme Court’s decision last June to reverse affirmative action, many companies are rethinking their DEI – or diversity, equity and inclusion – strategies.
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Financial Times
Rana Foroohar is a global business columnist and an associate editor at the Financial Times, based in New York. She is also CNN’s global economic analyst.
