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New York Post
193 days

IT company Accenture is the latest to scrap its DEI policies

1. Accenture is scrapping its diversity, equity, and inclusion (DEI) goals. 2. Internal memo states changes follow compliance evaluations and external pressures. 3. The workforce demographics, with women at 48%, may be affected. 4. Career development programs for specific demographic groups will be reduced. 5. This move aligns with trends among major tech companies under conservative influences.

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FAQ

Why Bearish?

Scrapping DEI goals could disappoint investors prioritizing social responsibility; past ABC move hurt stakeholder trust.

How important is it?

Changes in DEI policies could impact employee satisfaction and company reputation, influencing overall performance.

Why Short Term?

Immediate reactions likely due to market sentiment on corporate governance; past announcements led to stock volatility.

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