DEI Stock Recent News

Big tech companies Meta Platforms and Alphabet's Google are among the companies that have rolled back such programs in the face of attacks from conservative groups.

Amazon has removed any references to diversity and inclusion from its most recent annual report. Tech companies have been moving swiftly away from DEI policies since President Donald Trump returned to the White House.

CNBC's Joe Kernen reports on the latest news.

Douglas Emmett, Inc. (NYSE:DEI ) Q4 2024 Earnings Conference Call February 5, 2025 2:00 PM ET Company Participants Stuart McElhinney – Vice President of Investor Relations Jordan Kaplan – President and Chief Executive Officer Kevin Crummy – Chief Investment Officer Peter Seymour – Chief Financial Officer Conference Call Participants Alexander Goldfarb – Piper Sandler Nick Yulico – Scotiabank Steve Sakwa – Evercore Blaine Heck – Wells Fargo Jeff Spector – Bank of America Michael Griffin – Citi Rich Anderson – Wedbush Anthony Paolone – JPMorgan John Kim – BMO Capital Markets Dylan Burzinski – Green Street Upal Rana – KeyBanc Capital Markets Jamie Feldman – Wells Fargo Operator Ladies and gentlemen, thank you for standing by. Welcome to Douglas Emmett's Quarterly Earnings Call.

The decision marks the latest major corporate retreat from diversity, equity and inclusion practices.

Firm rolls back plan to hire more from underrepresented groups and said it was reviewing some of its DEI initiatives

The Silicon Valley giant also said it was reviewing other diversity programs and initiatives and would update them if they seemed risky or ineffective.

Google has ended hiring targets tied to representation, BI confirmed. The company also said it is evaluating its DEI programs.

Google follows tech rivals like Meta and Amazon, who have recently pulled their diversity policies.

Google will no longer have diversity hiring targets and will review its diversity, equity, and inclusion programs, according to an email sent to employees seen by the Wall Street Journal.