In a surprising move, Berkshire Hathaway, the multinational conglomerate led by legendary investor Warren Buffett, has removed references to diversity and inclusion from its annual report. This change has raised eyebrows among investors, employees, and stakeholders, sparking questions about the company's commitment to these critical workplace initiatives.
Last year's annual report stated that Berkshire's operating businesses accomplished attracting and retaining employees in part through hiring practices "intended to identify qualified candidates and promote diversity and inclusion in the workforce." This year, however, the report ended that passage after "candidates," omitting the mention of diversity and inclusion. This shift in approach has left many wondering why Berkshire Hathaway chose to de-emphasize these important topics in its public communications.
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