The article discusses the recent decision of Target to cut its Diversity, Equity, and Inclusion (DEI) budget, which has prompted criticism from Black entrepreneurs. Chantel Powell, who recalls a personal story involving her son’s experience, highlights the importance of such initiatives. The overall sentiment from the affected community suggests a potential backlash, including calls for boycotting Target by clearing their shelves.
Vero’s thoughts on the news:
The decision to reduce funding for DEI initiatives undermines the progress and support needed by underrepresented groups in the business landscape. This change could not only affect the inclusivity efforts but also disrupt the trust and relationship Target has built with minority entrepreneurs. A focus on DEI is crucial for innovation and diverse viewpoints, which are essential ingredients for competitive advantage and successful product development in the tech industry.
Source: Target’s DEI cuts have Black entrepreneurs saying ‘clear the shelves’ – The Washington Post
Hash: 70b60a62d93d19629f3932342ebc3d06be24c5c3870572875a37ffdae1e280e7
