{"id":896510,"date":"2025-01-16T10:56:39","date_gmt":"2025-01-16T05:26:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=896510"},"modified":"2025-01-16T10:56:39","modified_gmt":"2025-01-16T05:26:39","slug":"walmart-under-fire-from-investors-for-cutting-dei-programs","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/16\/walmart-under-fire-from-investors-for-cutting-dei-programs\/","title":{"rendered":"Walmart Under Fire From Investors for Cutting DEI Programs"},"content":{"rendered":"<p>(Bloomberg) &#8212; A group of more than 30 shareholders representing $266 billion in funds has asked Walmart Inc. to explain its business case for retreating on diversity, equity and inclusion initiatives, describing the decision as \u201cdisheartening.\u201d<\/p>\n<p>In a letter to Chief Executive Officer Doug McMillon, shareholders including Amalgamated Bank and Dominican Sisters of Grand Rapids, accused the world\u2019s biggest retailer of giving into \u201cbullying and pressure from anti-DEI groups.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) &#8212; A group of more than 30 shareholders representing $266 billion in funds has asked Walmart Inc. to explain its business case for retreating on diversity, equity and inclusion initiatives, describing the decision as \u201cdisheartening.\u201d In a letter to Chief Executive Officer Doug McMillon, shareholders including Amalgamated Bank and Dominican Sisters of Grand Rapids, accused the world\u2019s biggest retailer of giving into \u201cbullying and pressure from anti-DEI groups.\u201d<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-896510","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/896510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=896510"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/896510\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=896510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=896510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=896510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}