Are Companies ‘Quiet Quitting’ DEI Initiatives?

As companies navigate a politically charged climate in 2024, many are scaling back their DEI initiatives. While many Fortune 1000 companies committed to DEI after George Floyd’s death in 2020, major corporations like Google, Meta, Lowes, Tractor Supply and Ford are retreating amid conservative pressures and economic concerns. However, DEI advocates argue the pullback is overstated, with many executives still prioritizing diversity. Despite challenges, most companies recognize DEI’s long-term value.

Chapters:
0:00 Introduction
1:31 Chapter 1. The DEI push
4:09 Chapter 2. DEI under fire
6:26 Chapter 3. Outlook

Produced by: DeLon Thornton
Edited by: Andrea Miller
Graphics by: Jason Regniato and Christina Locopo
Supervising Producer: Jeniece Pettitt
Additional Footage: Getty Images

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Want to earn more money at work? Take CNBC’s new online course How to Negotiate a Higher Salary. Expert instructors will teach you the skills you need to get a bigger paycheck, including how to prepare and build your confidence, what to do and say, and how to craft a counteroffer. Register now and use coupon code EARLYBIRD for an introductory discount of 50% off through Nov. 26, 2024: https://cnb.cx/4f4s3rZ

Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook:
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC

#CNBC

Are Companies ‘Quiet Quitting’ DEI Initiatives?