In 2024, many companies are scaling back their Diversity, Equity, and Inclusion (DEI) initiatives amid political pressures and economic concerns. Major corporations such as Google, Meta, Lowe’s, Tractor Supply, and Ford are retreating from commitments made post-George Floyd’s death in 2020. However, DEI advocates contend that the withdrawal is exaggerated, with many executives continuing to prioritize diversity in the long run. Despite current challenges, most companies acknowledge the enduring value of DEI efforts to their organizational success. This dynamic reflects a complex interplay of corporate responsibility and external pressures in today’s business environment.
