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Diversity, equity, and inclusion (DEI) had a hugely successful few years in the corporate space. DEI was all the rage among corporate execs and HR professionals, and corporations were spending big bucks on chief diversity officers (CDO) and DEI teams.
Lately, however, DEI has been on the retreat, with many high-profile companies backtracking on DEI commitments and investments and even scrapping or—more politically—rethinking their DEI efforts.
Companies Pulling Back on DEI
Home improvement giant Lowe’s was one of the most recent corporate employers to announce a backtrack on its DEI efforts, and it was followed closely by auto-maker