Large corporations are firing diversity staff at higher rates than other corporate roles as firms continue to layoff employees.
Diversity, Equity and Inclusion (DEI) employees are leaving companies at a higher rate than non-DEI employees, based on a study from workforce data company
Reveliolabs. The 12-month rate of attrition for
DEI employees was 33% in December 2022, compared to 21% for non-DEI roles.
Since July 2022, over 300
DEI professionals have left companies such as Target, Capital One, Amazon, Wells Fargo, Twitter, Nike and Intel as part of corporate layoffs. Target, Capital One and Amazon let go of between 15 and 20 DEI professionals each. Listings for DEI roles in the tech industry dropped 19% in 2022,
Bloomberg reported.
"When economic conditions become uncertain, companies pare back their spending to the essentials," said Andrew Crapuchettes, CEO of
RedBalloon, a networking firm.
"While well intentioned, most DEI programs are simply virtue signaling, often at the expense of healthy company culture. The c-suites understand this, and in choppy economic waters, DEI is likely slated to be among the first to go."U.S. corporations spent $9.3 billion on DEI initiatives in 2022 and projections estimate DEI spending will grow to $15.4 billion by 2026, according to consulting firm
StrategyR.
Comment: Something is very smelly here. It looks like an inside job so that they can claim more authoritarian control over the general population who do not agree with government policies.
First, they marked some people as conspiracy theorists. If someone still doesn't understand what that means, look at the last 2-3 years and the so-called "Covid Pandemic".
Now, the same people who were openly talking against harmful government policies are classified as terrorist group. So, a person is a terrorist if he thinks with his own head and criticizes government policies.
We all know how terrorists are treated by police. Our society starts to look like a script for a technocratic totalitarian sci-fi movie.
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