Companies ‘Lose Both Sides’ By Backtracking on LGBTQ Support: Ex-Goldman Managing Director

BEVERLY HILLS, CALIFORNIA - MARCH 30: Maeve DuVally attends the 34th Annual GLAAD Media Awards at The Beverly Hilton on March 30, 2023 in Beverly Hills, California. , Photographer: Monica Schipper/Getty Images

“The important thing when you speak publicly is not to backtrack,” Maeve DuVally, who worked in corporate communications at Goldman Sachs and is now a diversity and inclusion consultant, said in a Bloomberg TV interview. “We have seen examples of companies that have backtracked. They have lost both sides of the equation.”

Target pulled some themed merchandise ahead of Pride Month in June after saying that threatening behavior by some customers was impacting employees’ safety. The company said on Aug. 16 that revenue during the latest quarter had been hit by controversy around the collection, without providing further details.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Norway’s Sovereign Wealth Fund Tells Companies to Get Serious About AI RisksNorway’s $1.4 trillion sovereign wealth fund urged boards and companies to get serious about how they handle the threats and opportunities provided by the rapid advances in artificial intelligence.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Vancouver e-mobility companies consolidate as Envo Drive Systems buys VeemoEnvo aims to increase revenue 30 times in the next seven years
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

Stocks mixed as Target jumps, Fed minutes on tap: Stock market news todayStock indexes were looking to rebound from a day that saw each lose more than 1%.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »