Tag #Corporate Policy

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bbc.com

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Feb 12, 04:11

Goldman Sachs Ends Board Diversity Rule

Goldman Sachs ended its policy of requiring diverse boards for companies seeking its IPO assistance, citing the policy's success and a US court ruling against similar Nasdaq rules; this action reflects a broader trend among corporations reconsidering DEI initiatives.

Goldman Sachs Ends Board Diversity Rule

Goldman Sachs ended its policy of requiring diverse boards for companies seeking its IPO assistance, citing the policy's success and a US court ruling against similar Nasdaq rules; this action reflects a broader trend among corporations reconsidering DEI initiatives.

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Gender Equality

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How does Goldman Sachs' decision relate to broader trends in corporate diversity initiatives and recent legal challenges?

Goldman Sachs' decision reflects a broader trend of corporations reconsidering or abandoning diversity initiatives, potentially influenced by legal challenges and shifts in political climate. The firm's statement that the policy 'served its purpose' suggests a belief that sufficient progress has been made, though the long-term impact on board diversity remains uncertain. This decision follows a US appeals court decision against Nasdaq's board diversity rules and aligns with a broader trend of companies reevaluating diversity, equity, and inclusion programs.

bbc.com

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Feb 6, 13:10

Google Abandons DEI Hiring Goals After Trump's Return

Google has removed diversity, equity, and inclusion (DEI) hiring targets and is reassessing related programs, following a similar trend among major US corporations after Donald Trump's return to power.

Google Abandons DEI Hiring Goals After Trump's Return

Google has removed diversity, equity, and inclusion (DEI) hiring targets and is reassessing related programs, following a similar trend among major US corporations after Donald Trump's return to power.

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What broader societal or political factors contributed to Google's decision to abandon its DEI hiring targets?

This shift follows a pattern among large corporations, mirroring Trump administration directives to federal agencies to eliminate similar initiatives. Google's commitment to a workplace where all employees can succeed remains stated, but the removal of DEI targets from investor reports signifies a change in public stance.

nbcnews.com

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Feb 6, 04:09

Alphabet Ends Diversity Hiring Goals, Removes DEI Language from SEC Report

Alphabet, Google's parent company, removed "diversity, equity, and inclusion" from its SEC report and ended diversity hiring goals, citing a review of its programs and recent court decisions and executive orders, impacting over 180,000 employees.

Alphabet Ends Diversity Hiring Goals, Removes DEI Language from SEC Report

Alphabet, Google's parent company, removed "diversity, equity, and inclusion" from its SEC report and ended diversity hiring goals, citing a review of its programs and recent court decisions and executive orders, impacting over 180,000 employees.

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Gender Equality

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How does Alphabet's decision relate to the broader trend of changing DEI policies in corporate America?

This action follows a broader trend among U.S. companies paring DEI policies amid criticism amplified by Donald Trump's election. Alphabet employed over 180,000 people worldwide as of December.

forbes.com

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Jan 9, 13:10

JPMorgan Mandates Full Return to Office for 300,000+ Employees

JPMorgan Chase plans to end remote work for its more than 300,000 employees, requiring a full return to the office five days a week, driven by CEO Jamie Dimon's preference for in-person collaboration and following a similar trend among large corporations.

JPMorgan Mandates Full Return to Office for 300,000+ Employees

JPMorgan Chase plans to end remote work for its more than 300,000 employees, requiring a full return to the office five days a week, driven by CEO Jamie Dimon's preference for in-person collaboration and following a similar trend among large corporations.

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Decent Work and Economic Growth

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What are the immediate implications of JPMorgan's decision to end remote work for its 300,000+ employees?

JPMorgan Chase, America's largest bank, will reportedly mandate a full return to in-person work for its over 300,000 employees. This decision, expected in the coming weeks, will end the hybrid work model and reinstate the pre-pandemic policy of five-day workweeks in the office. Currently, 60% of JPMorgan's workforce already observes this policy.

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