Companies will only fight back on things that impact their short-term bottom line.
Ending DEI is unlikely to impact their bottom line but mergers do so out with DEI programs they go.
Ending DEI is unlikely to impact their bottom line but mergers do so out with DEI programs they go.
The speed with which they all dropped DEI programs was shocking. Especially after years of saying how it's critical, it makes them more vibrant, stronger, etc. I guess they never believed any of that.
It seems Stripe CEO is the only one left wondering what the heck happened: https://www.irishtimes.com/business/2025/05/16/john-collison... ( https://archive.ph/5PFgq )
> “I am baffled by all the companies doing an about-face on their social initiatives right now. Did you not actually mean it in the first place? Either don’t do it, or do it and stay doing it, but don’t do this ‘DEI is cancelled now’,” he says. “It’s very odd to me.”
Did you really think Target had any strong opinion on LGTBQ people? Or were they just aware of the fact that LGTBQ people buy shit. The Stripe CEO knew that, he's just doing PR.
But it's not like they started needing more stuff and now they figured they'll buy less stuff again. The demand was already there and the customers were already there. That's why it's kind of surprising. Not just Target, Boeing, even Meta and so on. Nobody stood up and said, "no, we stand by it".
> The Stripe CEO knew that, he's just doing PR.
Well, maybe his actions will indicate it's not just PR? He's the CEO, after all, so he can certainly make it happen.
> It uh, was not shocking at all, unless you believed that companies are honest about anything.
No of course not, but we can point their hypocrisy out so every one can see it.