* Coca-Cola and PepsiCo were preparing to comply with Trump’s executive order that sought to ban DEI programs as both receive government contracts, Bloomberg reported; Coca-Cola’s changes will likely be disclosed in future Securities and Exchange Commission filings, according to the report, and PepsiCo’s latest filing removed references to its “diverse workforce” and DEI.
The Good:
Costco
Apple
Delta Airlines
Cisco
Deutsche Bank
NFL
Coca-Cola**
** Coca-Cola warned in an annual filing that abandoning DEI could hurt business, stating its diverse employee base “helps drive a culture of inclusion, innovation and growth,” and if the company’s employees don’t reflect the “broad range of consumers and markets we serve around the world, our business could be negatively affected.”
There is a lot more context and there are varying levels of shittyness, so it's worth reading if that matters to you. To me, it's all the same.
That was the biggest surprise to me. I'm guessing the fear of retribution drove the decision for some, but others found an opportunity to make the changes
I just don't understand why companies are doing anything. They are not the government. I mean Apple isn't doing anything but st the same time they have no government contracts so don't have to.