Goldman Drops Diversity and Inclusion Section From Annual Filing
Goldman Sachs has removed a section on diversity and inclusion from its annual filing, citing changes in the law in the U.S. The bank's CEO, David Solomon, stated that they have made adjustments to reflect developments in the law, allowing for more flexibility in their hiring practices. This move comes as corporate America has softened its stance on diversity, equity, and inclusion initiatives.
- The sudden removal of these policies raises questions about whether the shift is a genuine response to concerns about fairness or simply a calculated decision to reduce costs and improve bottom-line performance.
- As the debate around DEI continues, how will this trend impact the long-term success of companies that prioritize diversity and inclusion in their hiring practices?