RT.com
26 Feb 2025, 19:53 GMT+10
US President Donald Trump has outlawed Diversity, Equity and Inclusion programs for government contractors
Apple shareholders rejected a proposal to revoke the company's Diversity, Equity, and Inclusion (DEI) policies during an investor meeting on Tuesday, the AP has reported. The move comes despite Washington's recent steps towards dismantling DEI programs at corporate and government levels.
The vote taken at the company's annual meeting came in response to a proposal submitted by the National Center for Public Policy Research, a conservative US think tank, which urged the tech giant to terminate its DEI programs, citing potential legal, reputational, and financial risks.
While DEI policies adopted by companies reportedly seek to diversify the workforce by promoting the fair treatment and full participation of all people, the program has been criticized for preferential treatment of some groups over others.
Commenting on the results of the vote, Apple CEO Tim Cook acknowledged that the company may have to alter some of its diversity practices due to the changing legal landscape in the country.
"We'll continue to work together to create a culture of belonging where everyone can do their best work," the top executive told shareholders, as cited by the news agency. Cook added that the company would remain "committed to the values that have always made us who we are."
Last month, shareholders of major US discount retailer Costco also rejected the same think tank's proposal to evaluate risks posed by pursuing DEI practices.
Shortly after assuming office on January 20, US President Donald Trump fulfilled his election campaign pledge to outlaw DEI initiatives in federal workplaces and educational institutions. The president signed two executive orders reversing protections for transgender rights and DEI programs, established by his predecessor, Joe Biden.
Trump's orders have met some legal roadblocks. Last week, a federal judge in Maryland temporarily blocked the government from implementing bans on DEI programs at federal agencies and businesses that contract with the federal government. Earlier this month, the National Urban League, National Fair Housing Alliance, and the AIDS Foundation of Chicago filed a lawsuit against Trump and 26 other defendants, saying that the orders had jeopardized their federal funding.
However, the major shift in federal policies has led US corporate majors, including Meta, Alphabet, Amazon, McDonald's, Ford, Walmart and Goldman Sachs, to abandon or roll back their DEI programs.
(RT.com)
Get a daily dose of Business Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Business Sun.
More InformationDUBLIN, Ireland: Ireland's rental market continued to tighten in 2024, with average rents rising by 5.7 percent over the year, according...
TOKYO, Japan: Foxconn has approached Honda Motor with a proposal to form a partnership, aiming to establish a broader collaboration...
NEW YORK, New York - There was a mix of gains and losses in the United States on Tuesday with tech stocks selling off, and industrials...
HANOI, Vietnam: If the Trump administration pursues new tariffs, a potential wave of job losses could hit U.S. manufacturers operating...
BERLIN, Germany: Audi is moving forward with plans to expand production in North America, and CEO Gernot Doellner said a decision on...
TOKYO, Japan: The Bank of Japan is expected to raise interest rates at least once more this year, likely in the third quarter, bringing...
NEW DELHI, India: Google is preparing to open its first physical retail stores outside the U.S., with locations in India likely to...
CUPERTINO, California: Apple is expanding its lineup with a new budget-friendly device, the iPhone 16e, aiming to attract cost-conscious...
Dehradun (Uttarakhand) [India], February 26 (ANI): Uttarakhand is emerging as a rapidly growing economic hub, playing a vital role...
Washington DC [USA], February 26 (ANI): Elon Musk's aggressive efforts to cut down the federal bureaucracy are starting to generate...
US President Donald Trump has outlawed Diversity, Equity and Inclusion programs for government contractors Apple shareholders rejected...
BRUSSELS, 26th February, 2025 (WAM) -- The European Commission, the executive arm of the European Union, has proposed allocating 100...