Why even ‘woke' companies are turning their backs on HR ‘snake oil' sellers [Yahoo! Finance]
Lloyds Banking Group Plc American Depositary Shares (LYG)
US:NYSE Investor Relations:
lloydsbankinggroup.com/investors
Company Research
Source: Yahoo! Finance
Increasingly laid at their doors is the blame for allowing toxic identity politics to enter the workplace , and wasting millions of pounds on pointless diversity, equity and inclusion (DEI) schemes. Pointing the finger are belt-tightening senior leaders scrutinising their returns amid soaring wage bills , with some even feeling betrayed for being shepherded by HR into the vicious culture wars Christoffer Ellehuus, chief executive of workplace training company MindGym, says: “A lot of them are blaming HR for not having reined it in and having had a much clearer business focus about what they were doing.” Fuelling this blame game are recent findings that Britain's diversity drive is “counterproductive” despite businesses spending millions of pounds on ultimately ineffective workplace initiatives. It was the conclusion of an independent report commissioned by Kemi Badenoch, the Business Secretary, that discovered popular so-called ESG (environmental, social and governance) pract
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LYG
Sec Filings
- 9/27/24 - Form 6-K
- 9/27/24 - Form 424B2
- 9/27/24 - Form 6-K
- LYG's page on the SEC website