Wait, a company sticking up a big middle finger to a sizable portion of its customers and employees is bad for business? Huh.
Next you'll tell me that corporations welcoming a wide swath of customers, and not listening to activists who whine about seeing others welcomed, was a profitable strategy.
Next you'll tell me that corporations welcoming a wide swath of customers, and not listening to activists who whine about seeing others welcomed, was a profitable strategy.
Reposted from
🜲 James
Target's shareholders lost $15 billion of net worth in their holdings of Target common stock when Target announced they were dropping DEI initiatives.
Comments
-Leaders of the business find it personally appealing
-See Trump as cover to fire some people and cut costs, perhaps thinking that if many businesses are doing it there won't be significant blowback for any individual one
-Fear of Trump admin pressure