Apple asks investors to block proposal to scrap diversity programmes
Source: The Guardian
Mon 13 Jan 2025 03.18 EST
Last modified on Mon 13 Jan 2025 04.10 EST
Apple has asked shareholders to vote against a proposal to scrap its diversity, equity and inclusion programmes, as tech rivals scale back similar schemes before Donald Trumps return to the White House.
The National Center for Public Policy Research, a conservative thinktank, wants the iPhone maker to end its DEI efforts because they expose companies to litigation, reputational and financial risks. The proposal will be voted on at Apples annual general meeting on 25 February.
In a notice to shareholders, Apples board has recommended investors vote against the proposal because, it says, it already has the right compliance procedures to deal with any risks and because the proposal inappropriately attempts to restrict Apples ability to manage its own ordinary business operations, people and teams, and business strategies.
DEI schemes are sets of measures designed to make people of all backgrounds including ethnicity, class, sexuality and gender feel supported and included in the workplace.
Read more: https://www.theguardian.com/technology/2025/jan/13/apple-investors-diversity-dei
From the above by Apple -
Now THAT is a "business jargon" way to tell the RW loons to go pound sand and other institutions need to do the same. I hope they can hold firm because the GOP DOES intend on "taking us back" to slavery days.
Lovie777
(15,699 posts)I'm pretty sure many more.
JohnSJ
(97,023 posts)FakeNoose
(36,295 posts)Those who are against "diversity" claim that the company needs to spend extra time and money training the "diversity" employees and it cuts into profits. While that may be true, in actual fact every tech company needs to train every new-hire, not just the "diversity" new-hires. If new employees aren't trained early, their work is usually substandard and retention is low.
It boils down to racism and sexism: white male bosses prefer white male workers, regardless of their qualifications.