Apple shareholders reject proposal to scrap company's diversity programs
Source: Associated Press
Apple shareholders rebuffed an attempt to pressure the technology trendsetter into joining President Donald Trumps push to scrub corporate programs designed to diversify its workforce.
The proposal drafted by the National Center for Public Policy Research a self-described conservative think tank urged Apple to follow a litany of high-profile companies that have retreated from diversity, equity and inclusion initiatives currently in the Trump administrations crosshairs.
After a brief presentation about the anti-DEI proposal, Apple announced shareholders had rejected it without disclosing the vote tally. The preliminary results will be outlined in a regulatory later Tuesday.
The shareholder vote came a month after the same group presented a similar proposal during Costcos annual meeting, only to have it overwhelmingly rejected. A similar outcome is expected during Apples annual meeting despite the vocal objections of critics.
Read more: https://apnews.com/article/apple-dei-shareholder-proposal-annual-meeting-96637c8d4fa3d5e2a73dc59a59c2485b

bif
(25,081 posts)When you consider the head of the company is openly gay.
Bengus81
(8,620 posts)Sector 001
(112 posts)Tim Cook, the CEO of tech giant Apple who has been dubbed "the most powerful gay man in America," has personally donated one million dollars to President-elect Donald J. Trump's inaugural committee, Axios reports.
Sources told the publication that Cook "believes the inauguration is a great American tradition, and is donating to the inauguration in the spirit of unity." It is a personal contribution from Cook, and Apple is not expected to give any money.
mwooldri
(10,605 posts)If we have elections for a president in 2028, and if it is won fair and square by a non MAGA candidate, I look forward to Tim Cook making a similar donation to that presidential inauguration committee.
SouthBayDem
(32,576 posts)Talking about LGBT rights support while donating to homophobic politicians.
sickening
LetMyPeopleVote
(161,197 posts)tulipsandroses
(7,102 posts)Iphones over Androids. There is a bit of truth to it. This is why diversity matters, not just because it is the right thing, but it is good to understand your customer base. Insisting that Apple end its diversity programs, when there is some truth to the fact that a lot of black people and younger people prefer iPhones over other phones is stupid. Younger folks in general do not approve of this " Anti DEI" nonsense.
Target is seeing a decline in visitors ever since they dropped their DEI initiatives. Apple does not want to FAFO.
NotHardly
(2,049 posts)marble falls
(64,561 posts)stillcool
(33,541 posts)they must be used to dealing with this crap. I don't understand why corporations are acquiescing. Are they that vulnerable?
https://www.sourcewatch.org/index.php?title=National_Center_for_Public_Policy_Research
EastBayGuy
(139 posts)Shipwack
(2,567 posts)republianmushroom
(19,360 posts)efhmc
(15,377 posts)hlthe2b
(109,027 posts)rustysgurl
(1,070 posts)Apple loses any Federal contracts it has so that pressure is brought to bear on Cook and anyone else in the organization who kisses Trump's ass. Shareholders bedamned.
BadgerMom
(3,178 posts)Lulu KC
(7,717 posts)I'll take every win we can get right now.
question everything
(49,978 posts)NYFlip
(337 posts)Wonders never cease!
karin_sj
(1,192 posts)About time somebody showed a spine. Now we just have to wait and see what the orange baby-man will do to retaliate and/or threaten Tim and Apple.