Coca-Cola Co. $KO recently issued a warning about potential risks to its business stemming from a possible reduction in workforce diversity. This statement was included in the company’s annual report as a response to President Donald Trump’s call to discontinue programs aimed at promoting diversity, equity, and inclusion (DEI) within organizations.
The American corporation Alphabet $GOOGL, parent company of Google, has announced significant changes to its policies regarding diversity, equity, and inclusion (DEI). These updates include abandoning the goal of increasing the number of employees from underrepresented groups and revising current DEI initiatives. This decision aligns with a broader trend among major US companies scaling back diversity programs previously aimed at enhancing workplace inclusivity.