Goldman Sachs scrubs mentions of ‘Black' from racial diversity web page amid DEI rollback
1. Goldman Sachs revised its DEI initiatives, removing explicit racial references. 2. Investment commitments increased from $3 billion to $3.6 billion. 3. Changes aim to mitigate legal risks from recent court rulings. 4. Goldman joins other firms in scaling back DEI initiatives amid scrutiny. 5. CEO states commitment to aligning programs with financial goals and legal compliance.