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Companies grapple with uncertainty as Trump targets private sector DEI

  • BlackRock's senior leadership announced they are moving away from Diversity, Equity, and Inclusion policies, citing changes in the U.S. Legal environment related to DEI as a reason for this shift.
  • The company will not renew its workforce representation goals that expired in 2024 and will no longer require managers to interview a diverse roster of candidates for open positions.
  • BlackRock will merge its Talent Management and DEI teams into a new global Talent and Culture team as part of the company's restructuring efforts.
  • This decision aligns with President Donald Trump's executive order directing federal agencies to investigate corporate DEI programs for potential civil rights violations.
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meaws.com broke the news in on Thursday, February 27, 2025.
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