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Meta's DEI U-Turn: A Bold Move or a Step Backwards?

Wesley ParkFriday, Jan 10, 2025 2:19 pm ET
1min read


Meta's recent announcement to eliminate its diversity, equity, and inclusion (DEI) programs has sparked a wave of controversy and raised eyebrows across the tech industry. The company, which has long been a champion of DEI initiatives, has decided to replace these programs with "fair and consistent practices that mitigate bias for all, no matter your background." But is this move a bold step forward or a step backwards for the company and its employees?



Meta's decision comes at a time when the tech industry is facing increasing scrutiny over its lack of diversity and inclusion. Despite the industry's efforts to promote DEI, the tech workforce remains predominantly white and male, with women and people of color underrepresented at every level of power (USA TODAY, 2023). Meta's previous DEI programs aimed to address these disparities by promoting fairness and equal opportunity in hiring, promotion, and supplier selection. By ending these programs, Meta may be opening itself up to potential discrimination lawsuits and regulatory scrutiny.

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Lunaerus
01/10
@lukenight @simon58 @judgeyoung2 @jenbunn @ollip @EBE_Day @Ollip @ribbey @Pfreakstocks @TraderRapp @tonyctl $meta sold? got 620 bags now, lol. could've only traded meta all day 😅🙄😑
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HENRY HILLS
01/10

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Qwazarius
01/10
@HENRY HILLS Cool
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Stevitop
01/10
$META needs more inclusive vibes, or risk lagging.
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Oleksandr_G
01/10
Diversify or die, Meta—don't sleep on this.
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_hiddenscout
01/10
@Oleksandr_G Totally agree, Meta needs to act fast.
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discobr0
01/10
@Oleksandr_G What's next for Meta's DEI?
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FaatmanSlim
01/10
Meta's DEI move could impact stock value long-term.
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SussyAltUser
01/10
Meta's DEI shift might shake up its stock price. Keep an eye on $META, but don't bet the farm.
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hey_its_meeee
01/10
@SussyAltUser What's your target for $META?
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pfree1234
01/10
DEI programs boost innovation, Meta might regret cutting them.
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rareinvoices
01/10
Meta's DEI shift might shake up more than just employee dynamics—could impact investor trust too.
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foureyedgrrl
01/10
Bias in hiring? Watch out, Meta, regulators lurking.
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greyenlightenment
01/10
@foureyedgrrl Regulators might come knocking.
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Throwaway7131923
01/10
@foureyedgrrl Do you think this affects Meta's stock?
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