cross-posted from: https://yall.theatl.social/post/3229309
From the Atlanta Daily World:
In a surprising yet increasingly common move, Microsoft has quietly dismantled its team dedicated to diversity, equity, and inclusion (DEI). The decision, communicated via email to the affected employees on July 1, cited “changing business needs” as the reason for the layoffs. While the exact number of employees impacted remains unclear, the team’s lead didn’t … Continued
The post Microsoft Says Bye-Bye DEI, Joins Growing List Of Corporations Dismantling Diversity Teams appeared first on Atlanta Daily World.
Everything a corporation does that’s not outright trying to fuck you out of your time or money is 100% a scam they’re trying to pull to convince you they care.
I really wish people would stop falling for it, because, well, there’s never going to be real progress made unless there’s the force of law behind things like DEI.
I mean the entire purpose of a dei group in a company is to make sure that the company isn’t doing things that will get them fucking sued into the ground, like choosing to only hire young white males for instance.
If they want to disband this group fine, just that’s going to be exhibit A in all of the lawsuits.
You mean the lawsuits that will be tossed out by the totally not corrupt upstanding officials at the “Supreme” Court?
By the supreme absolute and totally incorruptible court of Trumpistan?
Do you realize how difficult it would be to get a simple case like this in front of the supreme court?
Do you realise how easy it will be to get a case in front of the supreme court if it affects the interests of the oligarchy?
An assessment test I did for a job recently was essentially just an SAT and IQ test. None of it had to do with the position but it was a quick way for them to say “no foreigners.”
I dunno. I’m a believer that there is real benefit to diverse teams and there is some evidence in support of this. Seems like a diverse team could really help a company figure out how to keep fucking the money out of you harder.
Doing good work takes time to make money, execs need those quarterly bonuses right now. Much easier to do a bunch of layoffs and get that line up now.
Which is ultimately the biggest reason companies suck so much worse now than they used to. Over a long enough time frame profit isn’t the worst way to steer an organization. Negative actions have repercussions and companies used to avoid those.
But investors shortened the time frame so that everything and anyone is disposable. We have a handful of rich people hollowing out pretty much all companies in America and stripping them of value as fast as possible. We’re destroying our economic base in a fire sale for like 9 people.
You’re 100% right! But good luck convincing the bean counters.
It’s the CEOs that drive this decision for and against, not the bean counters.
Most CEOs spend their time counting beans
Well yeah. The point of a corp is to make a profit. By any means necessary. They are even legally compelled to do so. They are not here to serve us. They are here to take your money. Sometimes even backing you into a corner to force you to do it.
I just got done watching Fallout and I fully believe our corporations would do the same as the ones in the series given the chance.
Edit: after some research and the person below me informing me, I was mistaken about the legal requirement.
Minor niggle: they’re legally compelled to work in the best interests of the shareholders which is usually but not always seeking profit at all costs.
But, in general, I don’t disagree, I merely was mentioning that people keep getting suckered by pretty words and meaningless promises of change and then not bothering to make it have actual legal requirements behind it.
The mistake is looking at a CEO going Trust Me Bro, and trusting them. See: frog and scorpion story.
You are right, I made a correction.
They are not legally compelled to do so. That’s a nonsense myth.
A CEOs job is literally to serve the financial interests of the shareholders.
In fact a CEO can be fired or charged for not doing it.
How is that not legally compelling a company to make the most money possible, when to have their top employee by the balls like that?
A CEO can be fired for anything.
A CEO can absolutely not be criminally charged for not maximizing short term profits at all costs. That’s not what fiduciary duty means.
Fair, charged is the wrong word.
But please explain how you see the fiduciary duty then?
It’s not “how I see it”. It’s a clearly defined legal term, that functionally means that you’re required to act in good faith.
It doesn’t mean more than that, and minority shareholders that have tried to sue on the grounds that they have any additional legal obligation have been laughed out of court.
Serving the financial interests of shareholders doesn’t necessarily mean maximizing short-term profits, as this often leads to less profit in the long term due to things like legal issues, loss of reputation, high turnover, etc. Long term growth and stability can be much more valuable than a couple quarters of unsustainable profit.
A good example of this is Red Lobster, whose new owners sold off all their restaurant real estate holdings to a newly formed shell company and then began charging each individual restaurant massive amounts of rent. Selling these properties gave the company a short-term boost of cash, but now they’re bankrupt because they saddled the company with so much debt and rent that they can’t cover.
I corrected my comment. Thanks.
If they brag about DEI on marketing pages… That’s all the initiative is for. Virtue signalling for sales.
Y’all need to just chill out and have a Pepsi
The company I work for is tireless about DEI and at least the CEO is personally a big believer. I think the instant he goes, though, the entire thing goes. We have hundreds of people working on it. And they have produced more backlash against DEI than real progress on it. So yeah, there are true believers out there, but the system as a whole doesn’t give a fuck, never did, and there’s never going to come a time when we all turn some corner and want more, more, more DEI staff at work. In my humble opinion the movement is dead already and will be remembered as an artifact of the last decade or so. The actual problem itself will continue to improve, generationally, just as it has done for a hundred years.
That generational improvement is not the natural order of the universe. It’s the result of individuals putting themselves in harms way to push for change. It’s hard-fought legislation moving the cause forward. It’s constitutional amendments. It’s legal cases won against the odds. It’s corporations jumping on the bandwagon not wanting to be seen to oppose respectable society.
But those who have always fought against the process are racking up wins. That generational change you’ve observed that looked inevitable is under severe threat. You cannot count on it happening by itself.
That’s the thing…it doesn’t actually work. It doesn’t help anything. It’s just virtue signaling. I understand, hypothetically, how a DEI program could help make a company’s culture more inclusive, but the vast majority of them just add more buzzwords and red tape and performative resume enhancers.
Stop giving this tired interpretation to everything. Not everyone is performing a dance to impress others. I already said that our CEO is a genuine true believer. And it’s not crazy to think that there are people out there who actually care about equality and inclusion. FUCK I get so tired of this “virtue signaling” bullshit. Do you think I’m cussing you out right now to win points with whoever is watching? I promise you I don’t give a fuck.