Corporations are quietly reversing their diversity, equity and inclusion (DEI) practices amid intense legal pressure from conservatives and even their own shareholders, multiple outlets reported.
Conservative activists, shareholders and investors have issued challenges to various corporate diversity policies, including Republican attorneys general and others sending letters challenging racial recruiting quotas, alleging unlawful discrimination. Companies have increasingly become worried about DEI following the Supreme Court striking down race-based admissions at universities in June, and they have reversed course by eliminating certain policies and renaming initiatives in anticipation of further legal turbulence, Axios reported.
Further, a coalition of lawyers and investors have begun exploring ways to utilize corporate law in an attempt to pressure firms to scale back on their DEI policies following a rise in antisemitism concerns on elite college campuses, Semafor reported on Thursday.
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