McDonald's says it is rolling back some of its diversity practices [CBS News]
Lowe's Companies, Inc. (LOW)
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Source: CBS News
In a companywide memo posted on it's website Monday, the fast-food giant said that it's changing its approach to "inclusion" at the company, in an email to restaurant owners and operators as well as employees worldwide, which was made public. Specifically, the company will no longer set "aspirational representation goals," or targets for achieving diverse representation in senior roles. McDonald's is also ditching a program it created to encourage its suppliers to make their own diversity, equity and inclusion (DEI) pledges and invest in diversity training for their employees. Instead, the company says it will have conversations "with suppliers about inclusion as it relates to business performance." Another change: McDonald's will refer to its diversity team as the "Global Inclusion Team." "This name change is more fitting for McDonald's in light of our inclusion value and better aligns with this team's work," the company said. Additionally, McDonald's said it will pause "exter
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