Citigroup Joins Growing Corporate Shift Away From DEI Policies
The bank scales back diversity hiring requirements and renames its DEI department as companies respond to political and legal pressures.
- Citigroup announced it will no longer require a diverse slate of candidates for job interviews, except where legally mandated.
- The company's 'Diversity, Equity and Inclusion and Talent Management' team has been renamed 'Talent Management and Engagement.'
- This decision aligns with a broader trend of major corporations, including Goldman Sachs, Amazon, and Disney, reducing or eliminating DEI initiatives.
- The rollback of DEI programs has been influenced by political and legal shifts, including President Trump's executive orders targeting such policies in government and private sectors.
- Some companies, like Costco and Delta Airlines, have resisted the trend, maintaining their DEI commitments despite external pressures.