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Stock impact report

Was 2024 the year DEI fell apart? [FOX Business Network]

Lowe's Companies, Inc. (LOW) 
Last lowe's companies, inc. earnings: 2/26 06:00 am Check Earnings Report
Diversity, equity and inclusion "DEI" policies faced increased scrutiny in 2024, leading at least a dozen major U.S. companies and hundreds of universities to roll back these commitments once viewed as innocuous. "I think it was inevitable," conservative activist Robby Starbuck told Fox News Digital about the push back to DEI this year following its surge in popularity four years ago. "In 2020, a lot of executives bought into this whole idea and concept of DEI because they just didn't want to be seen as racist," he said. "A lot of them had no concept or understanding of what it was going to turn into." DEI, which often involves prioritizing race, gender or sexuality in hiring, training and programming, has been criticized by conservatives as divisive and discriminatory. Proponents of DEI say these efforts address racial divides and provide support for groups who have been historically marginalized. Major companies that ditched DEI in 2024 The private sector's move away from Show less Read more
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