David Bahnsen, founder and managing partner of the Bahnsen Group, joins the Big Money Show to talk about companies changing DEI and ESG investing, UFC CEO Dana White joining the Meta board and the California wildfires.
Mark Zuckerberg CEO of Meta The report is blaming pressure from Facebook's parent company ( DEI ) on one of the tech giant's longtime executives.
particle for direct object The New York Times reported As Zuckerberg moved to root out DEI programs at Meta — the parent company of Facebook, Instagram and Threads — he met with Stephen Miller, a key aide to President-elect Trump.
In that meeting, Zuckerberg took the blame Sheryl SandbergThe former Meta CEO, who left the company in 2022 for an inclusive initiative that sought to encourage employees to express themselves in the workplace, is reported by the Times.
According to the report, Zuckerberg also sent a message to Miller that previewed changes to Meta's policies and indicated that he did not intend to stand in the way of the incoming administration's efforts to roll back the DEI culture in America.
META ENDS CORPORATE DEI PROGRAMS
Former Meta CEO Sheryl Sandberg is known as an advocate for gender equality in the workforce. (Photo by Paul Marotta/Getty Images) / Getty Images)
Sandberg is best known as the author of “Education: Women, Work, and the Will to Lead,” which aimed to discuss issues related to the lack of women in corporate and political leadership roles to help women achieve their career goals. She also founded Lean In, a non-profit organization that fights against gender inequality in the workplace, and serves as chairman of the board.
FOX Business has reached out to Sandberg's rep for comment.
| ticker | security | the last | change | change % |
|---|---|---|---|---|
| Meta | META PLATFORMS INC. | 615.84 | +4.54 |
+0.74% |
Last week, Zuckerberg's changes to Meta took effect when the company announced that it was shutting down Corporate DEI Programs
Sandberg left Meta in 2022. (Kevin Deitch/Getty Images/Getty Images)
“The legal and policy landscape surrounding diversity, equity and inclusion efforts is changing,” Meta Vice President of Human Resources Janelle Gill wrote in a memo to employees.
Gill's memo was first reported by Axios, and Meta confirmed the report in response to an inquiry from FOX Business.
The note noted that recent decisions by Supreme Court of the country The effect has been to “mark a change in the way the courts treat DEI” that contributed to this change.
“The term 'DEI' has also been conceived in part because some see it as a practice that implies preferential treatment for some groups over others,” Gill wrote in a note first reported by Axios.
Mark Zuckerberg Praises Benefits of 'Male Energy', Calls America 'Culturally Neutralized'
Meta CEO Mark Zuckerberg recently canceled the tech giant's DEI initiatives. (Reuters/Manuel Orbegozo/Reuters)
Meta immediately ended its DEI programs for recruiting, training and selecting suppliers with this announcement.
Joel Kaplan, Meta's new director of global affairs, spoke to Fox News Digital's Brooke Syngman about the changes, saying, “It's ultimately about doing what's best for our company and making sure we're serving everyone and building the most talented team. It's people.” “
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“That means valuing people as individuals, and sourcing people from a wide range of candidates, but never making hiring decisions based on protected characteristics like race or gender,” Kaplan explained.
Fox News Digital's Brooke Syngman contributed to this report.