Big Tech is starting to slash some of the diversity, equity, and inclusion (DEI) programs established after George Floyd’s murder, with Zoom laying off its DEI team and Google and Meta defunding their DEI programs. Lawsuits are targeting DEI efforts, leading to companies concealing their inclusion initiatives.
In August 2023, the American Alliance for Equal Rights (AAER) filed a lawsuit against the Fearless Fund for providing grants to Black women, alleging discrimination against white and Asian American founders. This legal battle and lawsuits against other entities like the Small Business Administration could have significant repercussions.
The lawsuit against the Fearless Fund resulted in financial losses, staff cuts, and legal expenses for the fund. The CEO mentioned the substantial impact on operations, signaling potential industry-wide implications beyond just one organization.
The ongoing legal actions not only affect larger institutions like Google and Meta but also extend to smaller entities, such as the Minority Business Development Agency and Hello Alice, indicating a broader backlash against DEI initiatives.
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