Global Demand for Defense Metals Is Surging 7X

Lithium, uranium and titanium are at the center of a global race. Nations are scrambling to secure them for fighter jets, EVs, and reactors. One N. American project could help fill the West's critical-minerals gap.

Which US companies are pulling back on diversity initiatives?

The Associated Press
March 07, 2025

A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much of corporate America endorsed following the protests that accompanied the Minneapolis police killing of George Floyd, a Black man, in 2020.

The changes have come in response to a campaign by conservative activists to target workplace programs in the courts and social media, and more recently, President Donald Trump's executive orders aimed at upending DEI policies in both the federal government and private sector.

DEI policies typically are intended to root out systemic barriers to the advancement of historically marginalized groups in certain fields or roles. Critics argue that some education, government and business programs are discriminatory because they single out participants based on factors such as race, gender and sexual orientation. They have targeted corporate sponsorships, employee-led affinity groups, programs aimed at steering contracts to minority or women-owned businesses, and goals that some companies established for increasing minority representation in leadership ranks.

While hiring or promotion decisions based on race or gender is illegal under Title VII of the 1964 Civil Rights Act in most circumstances, companies say they are not doing that. Instead, they say they aspire to diversify their workforce over time through policies like widening candidate pools for job openings.

These are some of the companies that have retreated from DEI:

Uber

After an conducting an internal investigation that found rampant sexual harassment issues within its corporate office under its founder and former CEO Travis Kalanick, Uber has been focused on overhauling its corporate culture since its current CEO Dara Khosrowshahi took over in 2017.

Those changes had included a ramped-up commitment to diversity and inclusion as part of a commitment that the ride-hailing service highlighted in a section of its annual report for 2023.

But Uber dropped its diversity and inclusion section from its 2024 annual report filed last month. And the word "diversity" doesn't appear anywhere in its 135 pages.

Uber didn't immediately respond to a request for comment Friday.

Salesforce

Salesforce CEO Marc Benioff once was on a crusade to inspire other corporate leaders to become social activists in a drive to fix a "train wreck" of inequality, but he has since toned down that message while pledging to work with President Donald Trump "to drive American success and prosperity for all."

Although Benioff personally has remained an outspoken supporter of LGBTQ+ rights, Salesforce is no longer touting its diversity program. After carving out a section of its annual report filed last year to declare, "Equality, Diversity and Inclusion Equality is a core value at Salesforce," the San Francisco excluded any discussion of diversity programs in its latest annual report filed March 5.

"While we don't have representation goals, we remain committed to our value of equality," Salesforce said in a statement.

Pepsi

PepsiCo confirmed that it's ending some of its diversity, equity and inclusion initiatives, even as rival Coca-Cola voiced support for its own inclusion efforts.

In a memo sent to employees, PepsiCo CEO Ramon Laguarta said the company will no longer set goals for minority representation in its managerial roles or supplier base. The company will also align its sponsorships to events and groups that promote business growth, he said.

Laguarta wrote that inclusion remains important to PepsiCo, whose brands include Gatorade, Lay's potato chips, Doritos, Mountain Dew as well as Pepsi. The Purchase, New York-based company's chief diversity officer will transition to a broader role focused on employee engagement, leadership development and ensuring an inclusive culture, he said.

Goldman Sachs

Investment firm Goldman Sachs confirmed that it was dropping a requirement that forced IPO clients to include women and members of minority groups on their board of directors.

"As a result of legal developments related to board diversity requirements, we ended our formal board diversity policy," said a Goldman Sachs spokesman in an email to The Associated Press. "We continue to believe that successful boards benefit from diverse backgrounds and perspectives, and we will encourage them to take this approach."

Goldman Sachs said that it will still have a placement service that connects its clients with diverse candidates to serve on their boards.

Google

Google rescinded a goal it had set in 2020 to increase representation of underrepresented groups among the company's leadership team by 30% within five years. In a memo to employees, the company also said it was considering other changes in response to Trump's executive order aimed at prohibiting federal contractors from conducting DEI practices that constitute "illegal discrimination."

Google's parent company Alphabet also signaled things were changing in its annual 10-K report filed with the Securities and Exchange Commission. The report dropped a boilerplate sentence it has used since 2020 declaring that the company is "committed to making diversity, equity, and inclusion part of everything we do and to growing a workforce that is representative of the users we serve."

Target

The retailer said that changes to its "Belonging at the Bullseye" strategy would include ending a program it established to help Black employees build meaningful careers, improve the experience of Black shoppers and to promote Black-owned businesses following Floyd's death in Minneapolis, where Target has its headquarters.

Target, which operates nearly 2,000 stores nationwide and employs more than 400,000 people, said it also would conclude the diversity, equity and inclusion, or DEI, goals it previously set in three-year cycles.

The goals included hiring and promoting more women and members of racial minority groups, and recruiting more diverse suppliers, including businesses owned by people of color, women, LGBTQ+ people, veterans and people with disabilities.

Target also will no longer participate in surveys designed to gauge the effectiveness of its actions, including an annual index compiled by the Human Rights Campaign, a national LGBTQ+ rights organization. Target also said it would further evaluate corporate partnerships to ensure they're connected directly to business objectives, but declined to share details.

Meta Platforms

The parent company of Facebook and Instagram said it was getting rid of its diversity, equity and inclusion program, which featured policies for hiring, training and picking vendors.

Like other companies that announced similar changes before Meta, the social media giant said it had been reviewing the program since the Supreme Court's July 2023 ruling upending affirmative action in higher education.

Citing an internal memo sent to employees, news website Axios reported the Menlo Park, California-based tech giant said it would no longer have a team focused on diversity and inclusion and will instead "focus on how to apply fair and consistent practices that mitigate bias for all, no matter your background." The change means the company will also end its "diverse slate approach" to hiring, which involved considering a diverse pool of candidates for every open position.

Amazon

Amazon said it was halting some of its DEI programs, although it did not specify which ones. In a Dec. 16 memo to employees, Candi Castleberry, a senior human resources executive, said the company has been "winding down outdated programs and materials, and we're aiming to complete that by the end of 2024."

"We also know there will always be individuals or teams who continue to do well-intentioned things that don't align with our company-wide approach, and we might not always see those right away. But we'll keep at it," she wrote.

Rather than "have individual groups build programs," Castleberry said, Amazon is "focusing on programs with proven outcomes - and we also aim to foster a more truly inclusive culture."

McDonald's

Four years after launching a push for more diversity in its ranks, McDonald's said earlier this month that it is ending some of its diversity practices.

McDonald's said on Jan. 6 that it will retire specific goals for achieving diversity at senior leadership levels. It also intends to end a program that encourages its suppliers to develop diversity training and to increase the number of minority group members represented within their own leadership ranks.

McDonald's said it will also pause "external surveys." The burger giant didn't elaborate, but several other companies have suspended their participation in an annual survey by the HRC.

In an open letter to employees and franchisees, McDonald's senior leadership team said it remained committed to inclusion and believes that having a diverse workforce is a competitive advantage.

Walmart

The world's largest retailer confirmed in November that it would not be renewing a five-year commitment to a racial equity center set up in 2020 after the police killing of George Floyd, and that it would stop participating in the HRC's Corporate Equality Index.

Walmart also said it will better monitor its third-party marketplace to make sure items sold there do not include products aimed at LGBTQ+ minors, including chest binders intended for transgender youth.

Additionally, the company will no longer consider race and gender as a litmus test to improve diversity when it offers supplier contracts and it won't be gathering demographic data when determining financing eligibility for those grants.

Ford

CEO Jim Farley sent a memo to the automaker's employees in August outlining changes to the company's DEI policies, including a decision to stop taking part in HRC's Corporate Equality Index.

Ford, he wrote, had been looking at its policies for a year. The company doesn't use hiring quotas or tie compensation to specific diversity goals but remains committed to "fostering a safe and inclusive workplace," Farley said.

"We will continue to put our effort and resources into taking care of our customers, our team, and our communities versus publicly commenting on the many polarizing issues of the day," the memo said.

Lowe's

In August, Lowe's executive leadership said the company began "reviewing" its programs following the Supreme Court's affirmative action ruling and decided to combine its employee resource groups into one umbrella organization. Previously, the company had "individual groups representing diverse sections of our associate population."

The retailer also will no longer participate in the HRC index, and will stop sponsoring and participating in events, such as festivals and parades, that are outside of its business areas.

Harley-Davidson

In a post on X in August, Harley-Davidson said the company would review all sponsorships and organizations it was affiliated with, and that all would have to be centrally approved. It said the company would focus exclusively on growing the sport of motorcycling and retaining its loyal riding community, in addition to supporting first responders, active military members and veterans.

The motorcycle maker said it would no longer participate in the ranking of workplace equality compiled by the HRC, and that its trainings would be related to the needs of the business and absent of socially motivated content.

Harley-Davidson also said it does not have hiring quotas and would no longer have supplier diversity spending goals.

Brown-Forman

The parent company of Jack Daniels also pulled out from participating in the HRC's Corporate Equality Index, among other changes. Its leaders sent an email to employees in August saying the company launched its diversity and inclusion strategy in 2019, but since then "the world has evolved, our business has changed, and the legal and external landscape has shifted dramatically."

The company said it would remove its quantitative workforce and supplier diversity ambitions, ensure incentives and employee goals were tied to business performance, and review training programs for consistency with a revised strategy.

"Brown-Forman continues to foster an inclusive work environment where everyone is welcomed, respected, and able to bring their best self to work," spokeswoman Elizabeth Conway said in an email.

John Deere

The farm equipment maker said in July that it would no longer sponsor "social or cultural awareness" events, and that it would audit all training materials "to ensure the absence of socially-motivated messages" in compliance with federal and local laws.

Moline, Illinois-based John Deere added "the existence of diversity quotas and pronoun identification have never been and are not company policy." But it noted that it would still continue to "track and advance" the diversity of the company.

Tractor Supply

The retailer in June said it was ending an array of corporate diversity and climate efforts, a move that came after weeks of online conservative backlash against the rural retailer.

Tractor Supply said it would be eliminating all of its DEI roles while retiring current DEI goals. The company added that it would "stop sponsoring non-business activities" such as Pride festivals or voting campaigns -- and no longer submit data for the HRC index.

The Brentwood, Tennessee-based company, which sells products ranging from farming equipment to pet supplies, also said that it would withdraw from its carbon emission goals to instead "focus on our land and water conservation efforts."

The National Black Farmers Association called on Tractor Supply's president and CEO to step down shortly after the company's announcement.

Continue Reading...

Popular

Pichai Says Quantum Is Where 'AI Was 5 Years Ago' — Are Quantum Stocks The Next Moonshot Trade?

Google CEO Sundar Pichai predicts that quantum computing will be as big as AI in 5 years, signaling the start of a new investment wave.

Drone attack on a northern Iraq gas field triggers widespread power outages

ERBIL, Iraq (AP) — A drone attack forced a complete shutdown of gas supplies at a natural gas field in northern Iraq, triggering widespread electricity outages across northern regions and prompting urgent condemnation from Iraqi, Kurdish, and U.S. officials.

This Weekend Only: 3 Partners Enabling Nvidia's $24 Trillion Conquest - Ad

Nvidia is charging into two seismic tech frontiers. But they can't do it alone. Nvidia needs three Silent Partners. Companies so critical, Nvidia's latest trillion-dollar pivot hinges on them. This weekend only, get access to the names of the three companies critical to Nvidia's latest pivot in 2026 for just $19!

Marjorie Taylor Greene Buys Blue Chip Stock Near 52-Week Low

Marjorie Taylor Greene is known for buying multiple stocks at a time, based on recent disclosures. A new filing shows one stock bought in November.

Are Markets Open On Thanksgiving? Here's What's Open And What's Closed On November 27

Find out what's open and closed on Thanksgiving and Black Friday 2025. Check hours for banks, USPS, FedEx, and stores in our holiday guide.

Legally "Skim" $6,361 Into Your Account? - Ad

A former hedge fund manager is now sharing his "Skim Codes" with regular people. They're not stocks. They're not crypto. They're 18-character codes designed to profit from recent market conditions. All you have to do is punch them into an ordinary brokerage account. 84% of these codes have given people the chance to generate cash payouts so far... and his next code is going out any day now.

Marjorie Taylor Greene Goes Bargain Shopping, Discloses Buying These Two Stocks At 52-Week Lows

Congresswoman Marjorie Taylor Greene disclosed some new stocks recently. Unlike past trades in 2024 and 2025, the latest disclosure is rather unique.

It's Time for Elon to Earn His $1 Trillion Payday - Ad

To collect, Musk has to deliver on his promise to unleash the "mind-blowing" technology Tesla insiders say will push the company into an entirely new market. But with Black Friday chaos sweeping the markets, almost no one sees what's coming. This is the stock we believe stands to benefit from Tesla's next major launch.

What's Going On With Surf Air Mobility Stock Monday?

Surf Air Mobility raises $26M equity and partners with Palantir to advance SurfOS software, expand engineering.

Shareholders of Union Pacific, Norfolk Southern support $85 billion rail merger

OMAHA, Neb. (AP) — Shareholders of Union Pacific and Norfolk Southern backed the railroads’ to create the nation’s first coast-to-coast rail network.

Why Is a $116B Mining Giant Backing a $10M Firm? - Ad

Rio Tinto rarely makes early-stage bets. Yet one small N. American firm earned its trust with projects in lithium, uranium, and titanium - all vital to U.S. defense and energy independence.

JPMorgan Forecasts Bitcoin Bottom, Anticipates $28.3 Trillion Challenge To Gold By 2026

Analysts at JPMorgan have pinpointed the lowest point of the ongoing Bitcoin (CRYPTO: BTC) price fall and also projected a substantial chall

Trump Pressures Taiwan To Train US Workers As TSMC Struggles In Arizona: Report

The Trump administration is reportedly pressing Taiwan, including TSMC, to invest more in U.S. semiconductor manufacturing.

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

Why A Bitcoin Thanksgiving Rally Is Probably Not Happening: 10x Research

Bitcoin's (CRYPTO: BTC) 24% slide over the past month has traders looking to macro catalysts for direction, but 10x Research says the market may be looking at

Trump Withdraws Support For 'Wacky' Marjorie Taylor Greene In Sudden, Fiery Split: 'I Can't Take...'

President Donald Trump said he is withdrawing his endorsement of longtime ally Rep. Marjorie Taylor Greene — here's what happened.

Elon's Optimus to Mint New "Musk Millionaires" as Soon as Jan 26? - Ad

Elon Musk may be set to create more "Musk Millionaires" as soon as January 26... Because on that day, he's expected to officially launch his Optimus robot... An AI-powered robot that Elon himself says will be capable of "doing anything bar nothing". Now, it's important to point out that Elon hasn't released it to the public yet... But ahead of the launch, one Silicon Valley insider has identified a "backdoor way" for any American to invest in Optimus with a regular brokerage account...

Donald Trump Fueled Bitcoin's Rise Beyond $100,000 — Can BTC Survive His 2028 Exit?

Bitcoin (CRYPTO: BTC) may face its biggest political stress test yet in 2028 when President Donald Trump leaves office and the pro-crypto admin

Warren Buffett Initiates Alphabet Position, Trims Apple In Q3 — Here Are Berkshire's Moves

Warren Buffett's Berkshire Hathaway took a new stake in a member of the Magnificent Seven, while lowering its stake in Apple in the third quarter.

The End of Tesla? (Black Friday Briefing) - Ad

"Hold onto your Tesla stock." That's the message insiders are sharing as Tesla prepares to unveil a "mind-blowing" new product: one that has nothing to do with EVs... batteries... or self-driving cars. This is a radical pivot that could mark the end of Tesla as we know it and the birth of something much bigger.

California revokes 17,000 driver's licenses. But the state disputes it is over immigration concerns

California plans to revoke 17,000 commercial driver’s licenses given to immigrants after the Trump administration raised concerns about people in the country illegally receiving licenses to drive a semitruck or a bus. But Gov. Gavin Newsom said that isn't the reason.

85% Off Proven Crypto Timing Model - This Weekend Only! - Ad

Juan Villaverde's crypto timing model has called every major market turn since 2012. It's now signaling the next big move, and he believes these coins could have big upside. With the market at a critical moment, you can access his latest signals this weekend for just $19.

MacKenzie Scott Has Donated More Than $19 Billion, Yet Her Wealth Grows Faster

MacKenzie Scott, the billionaire philanthropist and ex-wife of Amazon founder Jeff Bezos, has donated a staggering $19.25 billion since 2020.

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

MP Materials Stock Rebounds After Losses Following Mixed Q3 Results

MP Materials Corp (NYSE:MP) shares are trading higher on Friday after initially trading lower following the company's mixed third-quarter financial results.

Furor over editing of Trump speech sparks 'existential crisis' at the BBC

LONDON (AP) — The of two top bosses over the editing of a speech by U.S. President Donald Trump dealt a huge blow to the broadcaster, which is revered by some in Britain as a national treasure but derided by others as outdated and left-leaning.

Global Demand for Defense Metals Is Surging 7X - Ad

Lithium, uranium and titanium are at the center of a global race. Nations are scrambling to secure them for fighter jets, EVs, and reactors. One N. American project could help fill the West's critical-minerals gap.

Rivian Automotive CEO Gets An Elon Musk-Style Pay Raise

Rivian CEO's new pay plan could be worth up to $4.6 billion over the next ten years.

'No hire' job market leaves unemployed in limbo as threats to economy multiply

WASHINGTON (AP) — When Carly Kaprive left a job in Kansas City and moved to Chicago a year ago, she figured it would take three to six months to find a new position. After all, the 32-year old project manager had never been unemployed for longer than three months.

This Weekend Only: 3 Partners Enabling Nvidia's $24 Trillion Conquest - Ad

Nvidia is charging into two seismic tech frontiers. But they can't do it alone. Nvidia needs three Silent Partners. Companies so critical, Nvidia's latest trillion-dollar pivot hinges on them. This weekend only, get access to the names of the three companies critical to Nvidia's latest pivot in 2026 for just $19!

Serbia passes a special bill enabling Trump's son-in-law to build luxury complex despite opposition

BELGRADE, Serbia (AP) — Serbian lawmakers on Friday passed a special law clearing the way for a proposed real estate project that would be financed by an investment company linked to Donald Trump’s son-in-law despite and legal hurdles.

What's Going On With The Surge In Chipotle Stock Today?

Chipotle Mexican Grill Inc (NYSE:CMG) shares are trading higher on Tuesday. Here's a look at what's going on.

Legally "Skim" $6,361 Into Your Account? - Ad

A former hedge fund manager is now sharing his "Skim Codes" with regular people. They're not stocks. They're not crypto. They're 18-character codes designed to profit from recent market conditions. All you have to do is punch them into an ordinary brokerage account. 84% of these codes have given people the chance to generate cash payouts so far... and his next code is going out any day now.

Donald Trump's Popularity Falls As Shutdown Drags On

President Donald Trump's approval rating has continued to drop, with the latest poll showing a significant decline, raising concerns for the Republican Party as the 2026 midterm elections approach.

Peloton Stock Rallies After Q1 Earnings: Here's Why

Peloton stock climbs after the company released its first-quarter earnings report after Thursday's closing bell.

It's Time for Elon to Earn His $1 Trillion Payday - Ad

To collect, Musk has to deliver on his promise to unleash the "mind-blowing" technology Tesla insiders say will push the company into an entirely new market. But with Black Friday chaos sweeping the markets, almost no one sees what's coming. This is the stock we believe stands to benefit from Tesla's next major launch.

Trump's 50-Year Mortgage Plan Sounds Great Until You See The Interest Bill

Trump's 50-year mortgage plan lowers monthly payments—but experts say it could double interest costs and slow home equity gains.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service