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PepsiCo agrees to meet with Al Sharpton over DEI cuts, potential boycott [Yahoo! Finance Canada]
Last costco wholesale corporation earnings: 3/5 04:15 pm
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In an April 4 letter to PepsiCo CEO Ramon Laguarta, Sharpton threatened to lead a boycott against the company. PepsiCo — one of the largest food and beverage companies in North America whose brands include Gatorade, Lay's potato chips, Doritos, Mountain Dew as well as Pepsi — told employees in February that the company will no longer set goals for minority representation in its managerial roles or supplier base. Sharpton said he will be meeting with Laguarta and he intends to press him on the specifics of the company's decision and what commitments it still has to ensuring equal opportunity in employment and contracts. A spokesperson for PepsiCo did not immediately respond to a request for comment. PepsiCo is one of several companies, including Walmart and Target , that have eliminated policies and programs aimed at increasing diversity among its employees and reducing discrimination against members of minority groups, women and LGBTQ+ people since President Donald Trump return
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