A new investment fund is saying 'no' to DEI-focused companies.

  • 📰 nypost
  • ⏱ Reading Time:
  • 29 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 67%

Opinion News

DEI,Diversity,Postscript

Civil rights attorney Devon Westhill provides analysis of the increasing trend away from diversity, equity and inclusion initiatives as President-elect Trump prepares to return to the White House.

In the race to attract the best employees, American companies have always played to win. Apple pays millions to poach star executives and Nvidia spares no expense to hire top AI researchers. Why? Because hiring the best and brightest on skill and ability is the secret sauce to American innovation.

Companies like Best Buy label these hiring targets as “inclusive,” but the truth is that they hurt everyone, especially the very people they claim to help.Move over schools, DEI is taking over the world of video games By framing her nomination as the fulfillment of a racial and gender hiring target, Biden unfairly saddled her with the label of being a “diversity hire.” She doesn’t deserve that.

These policies don’t just hurt employees. Shareholders, too, are paying the price for these racial and gender hiring targets in the form of lower stock returns.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 91. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines