Companies cut DEI jobs

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 94%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

'If companies want to make money, they should focus on profitability. They should not focus on appearing woke to the public. After all, most people want good products. Not a political lecture,' TomJoyceSports writes.

The study looked at 600 companies that laid off workers over the last year and found a 33% cut rate for DEI positions compared to just 21% for non-DEI roles. Companies like Amazon , Applebee's , Twitter , Nike , and Wayfair are among those that have cut senior DEI staff positions in the past six months.Top line: companies ultimately exist to make money. That means they cannot cut the positions generating maximal revenue.

While top salespeople will likely keep their jobs when companies endure tough times, cutting the bloated administrative staff that exists to make the company appear woke is an easy decision. When Elon Musk decided Tesla needed to cut 10% of its workforce last year, two of the first employees to go were the president of the LGBT community and a senior member of its diversity and inclusion staff,If companies want to make money, they should focus on profitability.

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:

 /  🏆 6. in MY
 

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

TomJoyceSports 100% right. While having non-white and LGBT characters in movies, music, games, etc. is a good thing (all of those groups are normal) pushing alternative lifestyles that I would opine most society dislike is not a good thing.

TomJoyceSports Exactly. Businesses should be focused on making money. Thats what a business is about - money. Businesses don't have 'politics' or 'viewpoints'. For instance, this is why no business would ever deny service to a gay person just because they're gay amirite

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines