Walmart Is the Latest—and Biggest—Employer to Roll Back DEI Policies. Will More Firms Follow?

Last week, the world’s largest retailer announced that it will start to unwind its Center for Racial Equity, as other employers—including Boeing, Ford, and JPMorgan Chase—have also begun backing away from their DEI policies.

By Lynn Cavanaugh | December 04, 2024 at 09:29 AM

Last week, Walmart announced that it is rolling back its diversity, equity, and inclusion (DEI) policies. It’s the strongest indication yet that a profound shift is taking hold at U.S. companies, which are re-evaluating their policies following the election of Donald Trump as the nation’s next president.

Walmart’s DEI policy change is designed to “ensure every customer, every associate” feels welcome and like they belong, according to John Furner, president and CEO of Walmart U.S.

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News

1 Amazon and Meta Scale back DEI Initiatives, Joining Growing List of Employers

2 Construction Firm Bechtel Wins 401(k) ‘Excessive Fees’ Lawsuit, Again

3 Global Bond Tantrum Is Worrisome

4 U.S. Core Inflation Slows for the First Time in Six Months

5 Elevating Payment Processes to Meet Hitachi’s High Standards for Efficiency

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Construction Firm Bechtel Wins 401(k) ‘Excessive Fees’ Lawsuit, Again

By Lynn Cavanaugh | January 17, 2025

A federal judge has dismissed—for the second time—a lawsuit against Bechtel Global that alleged the $5.7 billion plan’s default managed account investment led to excessive fees and subpar returns, arguing that a target-date fund would have been a better alternative.

Amazon and Meta Scale back DEI Initiatives, Joining Growing List of Employers

By Lynn Cavanaugh | January 17, 2025

The tech giants join a growing list of employers, including Walmart and McDonald’s, that are re-evaluating their diversity, equity, and inclusion policies, while Costco and Apple are doubling down on DEI.

Amazon and Meta Scale back DEI Initiatives, Joining Growing List of Employers

U.S. Core Inflation Slows for the First Time in Six Months

By Molly Smith | January 15, 2025

While the easing is welcome after months of elevated readings, a series of subdued readings would be needed to convince Fed officials that they are again making adequate progress on inflation.

U.S. Core Inflation Slows for the First Time in Six Months

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