Panelists Jennifer C. and Daniel Cameron discuss how corporations are pulling back on DEI and environmental, social and governance programs on the “bottom line.”
Amazon is downsizing some of its operations Diversity, Equity and Inclusion (DEI) The plans are to become the latest major company to scale back such plans, which critics call “woke.”
In a message to employees last month, Candi Castleberry, Amazon's chief human resources officer, provided an update on the agency and Amazon's corporate efforts, saying: E-commerce giant After spending the last few years “checking their effectiveness” makes some changes.
In this image, a shopping cart can be seen in front of the Amazon logo. The company's focus is on e-commerce, cloud computing, streaming and artificial intelligence. (Photography by Jacques Silva/SOPA Images/LightRocket via Getty Images/Getty Images)
| ticker | security | the last | change | change % |
|---|---|---|---|---|
| AMZN | AMAZON.COM INC. | 218.94 | -3.19 |
-1.44% |
“We worked to unify employee groups under one umbrella and create programs that are open to all,” reads the memo, obtained by FOX Business. “We focus on programs with proven results, rather than individual groups building programs — and we also aim to foster a truly more inclusive culture.”
LAST MCDONALD'S TO RETURN DEI 'WOKE' POLICY WITH CONTINUATION UNTIL 2025
The release of the memo, which was first reported by Bloomberg on Friday, followed a report the same day from The Information that Amazon had recently removed sections titled Equity for Black People and LGBTQ+ rights from its “Our Positions” page. Website
In response, Amazon spokeswoman Kelly Nantel said in a statement, “We'll update this page from time to time to make sure it reflects updates we've made to different apps and situations.”
David Bahnsen, founder and managing partner of the Bahnsen Group, joins The Big Money Show to talk about companies reversing course on DEI and ESG investing, UFC CEO Dana White joining the Meta board and the California wildfires.
Amazon is the latest company to withdraw from DEI initiatives in the past year Retail giant WalmartAs well as Ford, Caterpillar, John Deere and Toyota. However, unlike others such as Meta, which announced sweeping changes to its DEI policies earlier Friday, Amazon has been more subtle in its moves.
META ENDS CORPORATE DEI PROGRAMS
Robbie Starbuck, an anti-awake activist and filmmaker who has led a successful campaign to pressure companies to end DEI initiatives, says he informed Amazon executives in December about their “awake policies.” reports, unless they are committed to making changes.
In a post on X following news of Amazon's changes, Starbuck threatened to expose the company's apparent wake by the end of this month unless the company clarified the changes.
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“We will not stop until corporate America wises up again and adopts corporate neutrality on divisive issues,” Starbuck said. FOX Business. It's unclear how far Amazon is willing to go to accept the merits, but hopefully they'll go far enough that we can focus our reporting efforts elsewhere.