Toyota Motor Corp. is planning to move away from DEI and pro-LGBTQ events after recently facing online controversy, according to a new report. Bloomberg reported the company sent out a memo to its U.S. employees Thursday saying it will "narrow community activities to align with STEM education and workforce readiness" and no longer participate in the Human Rights Campaign's Corporate Equality Index.
have to give the executives credit for taking this unifying action. It’s not easy to do but they’re preparing their business for future success by adopting corporate neutrality. The companies who adopt neutrality will win the future because they don’t violate the core beliefs of the consumers they rely on," Starbuck wrote on X.
In the letter, Farley laid out a series of bullet points, telling the Ford workforce that the company does not utilize quotas in hiring, and saying that it prioritizes its resources for business purposes "versus publicly commenting on the many polarizing issues of the day." Farley said that the company has "evolved" its ERGs, noting that all its ERGs are open to all employees. Lowe’s, Molson Coors and John Deere also walked back its woke policies in recent months.