Rightguide
Prof Triggernometry
- Joined
- Feb 7, 2017
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TECH
Jennifer Elias@JENN_ELIAS
KEY POINTS
Apparently, virtue signaling isn't helping the bottom line.
Tech companies like Google and Meta made cuts to DEI programs in 2023 after big promises in prior years
PUBLISHED FRI, DEC 22 20239:00 AM ESTUPDATED FRI, DEC 22 20234:46 PM ESTJennifer Elias@JENN_ELIAS
KEY POINTS
- After vocal commitments following the murder of George Floyd in 2020, DEI programs in the tech industry are in broad retreat.
- Some companies have laid off DEI staffers and leaders of diverse employee resource groups, downsized learning and development programs, and cut budgets for external DEI groups by as much as 90% in 2023, sources told CNBC.
- The cuts come as the tech industry doubles down on artificial intelligence. With fewer diverse voices represented in AI development, the resulting products could be less accurate or more harmful to users.
Apparently, virtue signaling isn't helping the bottom line.