Verizon has decided to end its diversity, equity, and inclusion (DEI) policies to secure the Federal Communications Commission's (FCC) approval for its $20 billion acquisition of Frontier Communications. This move marks a significant shift as the FCC praised Verizonâs commitment to modifying its internal practices and cited the removal of DEI-related initiatives. Verizon will stop using DEI references in training materials, eliminate bonuses tied to workforce diversity, and dissolve its dedicated HR department for diversity, as it claims to re-evaluate its approach in response to a changing regulatory landscape.
Verizon has outlined a significant policy shift by ending its diversity, equity, and inclusion (DEI) initiatives, tying this move to its $20 billion acquisition approval from the FCC.
âWe are committed to creating a culture that leverages and values each person's unique strengths and talents,â stated Verizonâs chief legal officer, highlighting the companyâs pivot away from DEI-related practices.
Collection
[
|
...
]