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The recent decision by Lowe’s to scale back its DEI initiatives, driven by external pressure, has sent shockwaves through the corporate world. Unfortunately, this trend is not isolated. We’re witnessing a disturbing pattern of cuts to DEI teams and a decline in prioritization of these initiatives across various industries.
What does this mean for the future of the workforce? How will the repercussions impact underrepresented groups and minorities already in the workplace? And how can HR teams and leaders effectively address these pressing concerns?
In this Q&A, Sarah Reynolds, CMO of HiBob and a nonbinary c-suite leader, shares her valuable insights on the troubling backtracking of DEI initiatives.