"This Is A Trend": Amid Public, Shareholder Backlash, Some Major Corporations Drop DEI Policies
Authored by Kevin Stocklin via The Epoch Times (emphasis ours),
As Ford took steps last week to distance itself from the “diversity, equity, and inclusion” (DEI) movement that has swept the corporate world in recent years, it became just one of a number of companies that are rethinking their commitments to race-based ideology.
Bill Ford, Jr., Executive Chairman of Ford Motor Company, speaks at the reveal of the new all-electric Ford F-150 Lightning pickup truck at Ford World Headquarters in Dearborn, Mich., on May 19, 2021. Bill Pugliano/Getty Images
In an Aug. 28 memo to employees, Ford CEO Jim Farley said he is “mindful that our employees and customers hold a wide range of beliefs,” and that the company is taking “a fresh look” at its DEI program.
Ford’s reversal on DEI follows that of other major corporations, including Tractor Supply, John Deere, Harley-Davidson, Polaris, Indian Motorcycle, Lowe’s, and most recently Molson Coors, which have reportedly revised their DEI policies, either due to public pressure or legal challenges.
In addition, 25 companies have been formally notified by shareholders since 2021 that ...
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