Conservatives claim DEI hurt companies, but the financial sector is competitive and profit driven, so something doesn't add up
this post was submitted on 23 Jan 2025
225 points (97.5% liked)
News
24403 readers
4377 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
It's almost like Trump throwing everything into the shitter isn't good policy
It's almost like biases and discrimination lead to bad decisions and putting the effort to address them lead to better decisions or something. /S
If you want to look at it cynically, anyone that benefits from DEI would flock to them. It would increase their talent pool drive down new hire wages. Also anyone who supports these measures would think about bringing them business.
I very much believe that the reason the US is the most powerful country that's ever existed on the planet, by such a wide margin, is because it's an amalgamation of different ethnicities and cultures, pretty effectively working as one. Among other advantages, it stops you just doing things one way only, and associating only with people exactly like you, until the meta changes under you and you get whooped with no way to recover.
I don't run a company, but if I did, I would want the same advantage even if it made things a lot less smooth.
Of course, maybe I shouldn't be referencing "most powerful country" et cetera in the present tense. We can wait a couple years and see what happens.
Taking that cynicism one step further: JP Morgan and Goldman Sachs are both heavily pushing RTO mandates. Altering the optics of their DEI position can make them seem more welcoming to those who would benefit, thereby increasing the size of the pool of replacements for the remote workers they plan to dismiss.
Not that it's all that much better, but I thought the executive order was for federal government positions (for now). Did I misunderstand?
The executive order is not directly related, yes. This is about conservative pressure campaigns related to companies
JPMorgan Chase leads the banking sector of our federal government