Target announced it will be scaling back its diversity, equity, and inclusion initiatives, joining companies like Walmart. The decision comes in response to what Target describes as an “evolving external landscape.”
Vero’s thoughts on the news:
This move by Target reflects a broader trend within the corporate world where businesses are reassessing their commitments to social initiatives, partly due to economic pressures and shifting public sentiments. From a tech perspective, such changes could impact the company culture within Target’s tech divisions, potentially affecting innovation and team dynamics. Additionally, this shift may affect the brand perception among diverse consumer groups who value inclusivity.
Source: Target says it is ending its DEI goals and programs, citing an ‘evolving external landscape’ – PBS NewsHour
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