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Goldman Sachs: On Second Thought, We're
Out on DEI Too

Original Article

Posted By: Dreadnought, 2/11/2025 8:06:06 PM

Say, remember when people kept telling conservatives that the culture war had already been lost? Good times, good times. In yet another advance for equality over "equity," another corporate giant has hit reverse on so-called "Diversity Equity Inclusion" policies. Goldman Sachs, perhaps one of the most politically connected firms in the US, told Bloomberg News that it would abandon its previous policy demanding "board diversity" for initial public offerings (IPOs): Goldman Sachs Group Inc. is abandoning a significant pledge it made to refuse initial public offering business with companies that had all White, male boards. Wall Street’s leading investment bank had a policy that it would only take a company public

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Reply 1 - Posted by: Venturer 2/11/2025 8:15:21 PM (No. 1894375)
These companies and business's are not dropping DEI because they dislike black, but because the blacks are not working out for them. When it wasn't possible to get government contracts or work unless you hired DEI they hired just to get that work. Now that it isn't necessary they are hiring people who make money for them. Who show up for work and get the job done.
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Reply 2 - Posted by: mc squared 2/11/2025 9:49:19 PM (No. 1894404)
We swear
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Reply 3 - Posted by: Msquared112 2/12/2025 6:22:53 AM (No. 1894525)
I will take them seriously when they actually fire the DEI hires unless they are performing at as high a level as the others. ANYONE of any color/background should be fired if they are not the best. Merit is back, but still a long way to go. COSTCO should be next.
2 people like this.

Reply 4 - Posted by: chillijilli 2/12/2025 7:49:50 AM (No. 1894572)
You can't fix discrimination in one place by discriminating somewhere else. Eventually the house of cards will collapse.
3 people like this.

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