"Palantir is "the first company to be completely anti-woke," chief executive Alex Karp said on an earnings call this week. AT&T's John Stankey warned employees this summer that an "'employment deal' rooted in loyalty" is dead. Also this summer from GitHub's Thomas Dohmke: "Either you have to embrace the Al, or you get out of your career.""
"The rhetoric represents a stark shift in tone from a few years ago, when CEOs such as Jamie Dimon and David Solomon voiced support for diversity in the wake of the #MeToo movement and George Floyd's death. At the time, employees could job-hop like jackrabbits, and bosses had to play nice. Now, white-collar layoffs are on the rise, workers are job-hugging, and CEOs are investing in AI tools to automate work."
"There's strength in numbers. As CEOs see their peers let it rip, seemingly without consequences, they're emboldened to do the same, said Peter Cappelli, a management professor at the University of Pennsylvania's Wharton School. "Follow-the-leader happens in part because people who have been holding back from saying what they want feel more empowered once they are not the first to say it," he said. "Expect more get-tough talk in the next few weeks.""
Company leaders are increasingly demanding employee loyalty and rejecting diversity, equity, and inclusion initiatives. Executives at firms including Palantir, AT&T, and GitHub have publicly declared anti-woke stances and warned employees to embrace AI or leave. The shift contrasts with prior years when CEOs publicly supported diversity after #MeToo and George Floyd. Widespread white-collar layoffs and a tighter labor market have reduced employee mobility and increased managerial control. CEOs are investing in AI tools to automate tasks and feel emboldened by peers who voice tough stances without apparent consequences. Experts predict more get-tough rhetoric from leadership.
Read at Business Insider
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