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Tech companies like Google and Meta made cuts to DEI programs in 2023 after big promises in prior years
CNBC ^ | DEC 22 2023 | Jennifer Elias

Posted on 12/27/2023 3:11:17 PM PST by george76

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...

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.

...

By mid-2023, DEI-related job postings had declined 44% from the same time a year prior, according to data provided by job site Indeed. In November 2023, the last full month for which data was available, it dropped 23% year over year.

That’s a sharp contrast with the period from 2020 to 2021, when those postings expanded nearly 30%.

In line with this broader trend, both Google and Meta have cut staffers and downsized programs that fell under DEI investment.

The year’s cuts have also impacted smaller, third-party organizations who counted on big tech clients for work, despite the continued growth of those tech giants.

“Whenever there is an economic downturn in tech, some of the first budgets that are cut are in DEI

...

Cuts impacting external organizations..

While internal DEI programs have suffered, the cuts were arguably even harder for external organizations

...

Some large tech companies, including Meta, pulled back from sponsorship or attendance for employees to attend Grace Hopper 2023

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events; Politics/Elections
KEYWORDS: affirmativeaction; ai; dei; deiprograms; die; diversity; esg; georgefloyd; google; multiculturalism; race

1 posted on 12/27/2023 3:11:17 PM PST by george76
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To: george76

It was all only part of the Soft Coup that cheated America out of a second PDJT term.


2 posted on 12/27/2023 3:14:29 PM PST by BenLurkin (The above is not a statement of fact. It is either opinion, or satire, or both.)
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To: george76

Noooooooooo! And DEI based markets were just about to a profit. Ihope I can get a refund on this tux.


3 posted on 12/27/2023 3:16:10 PM PST by Sirius Lee (I am going to keep SPAMming the meme "I see Freepers bickering..." where applicable)
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To: george76

Cuts? Oh yahh.
Well, a decrease in the rate of increase is a cut.
(Congressional Budget math)


4 posted on 12/27/2023 3:24:34 PM PST by Honest Nigerian
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To: george76

With fewer diverse voices represented in AI development, the resulting products could be less accurate or more harmful to users.


Or....it might actually work!


5 posted on 12/27/2023 3:24:39 PM PST by rbg81
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To: george76

Hiring angry people to be angry and steal from you is a bad idea


6 posted on 12/27/2023 3:47:16 PM PST by butlerweave
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To: butlerweave

And ridiculous.


7 posted on 12/27/2023 4:05:17 PM PST by No name given (Anonymous is who you’ll know me as)
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To: george76

Because DIE is a death sentence and money pit.


8 posted on 12/27/2023 9:09:57 PM PST by vpintheak (Pinko misanthrope)
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To: george76

Fradulent overhead positions that not only have direct operating costs, but will be a legal liability in years to come as their bigoted and discriminatory practices will be sued in court for civil rights violations.


9 posted on 12/27/2023 10:32:32 PM PST by KC_Conspirator
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“With fewer diverse voices represented in AI development, the resulting products could be less accurate or more harmful to users.”

What? The coders Hang Lo and Kumar aren’t diverse enough?


10 posted on 12/27/2023 10:35:04 PM PST by rxh4n1
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