Stock market data from reputable financial news sources

Boeing Dismantles DEI Department, Shifts to Merit-Based Approach

Nov 1, 2024, 01:29 AM

Boeing Co. has dismantled its global Diversity, Equity, and Inclusion (DEI) department amid mounting pressure on the new CEO, according to a Bloomberg report. The company becomes the latest high-profile corporation to alter its DEI policies, moving towards a merit-based system. Staff from Boeing's DEI office will be combined with another human resources team focused on talent and employee experience. Insiders suggest that external pressures influenced the decision to dissolve the department.