McDonald's is the latest company to roll back diversity goals

Associated Press Finance01-07 04:37

McDonald’s is ending some of its diversity practices, citing the U.S. Supreme Court’s 2023 decision outlawing affirmative action in college admissions. McDonald's is the latest to shift its tactics in...

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It also intends to end a program that encourages its suppliers to develop diversity training and increase the number of minorities in their own leadership ranks.McDonald's said it will also pause “external surveys.\" The Chicago burger giant didn't elaborate, but several other companies, including Lowe's and Ford Motor Co., have declined to participate in an annual survey by the Human Rights Campaign that measures workplace inclusion for LGBTQ+ employees.But McDonald's said the “shifting legal landscape” aft","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4550":"红杉资本持仓","BK4588":"碎股","BK4566":"资本集团","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4581":"高盛持仓","BK4504":"桥水持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4209":"餐馆","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","MCD":"麦当劳","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4585":"ETF&股票定投概念","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","BK4534":"瑞士信贷持仓","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H"},"translate_title":"麦当劳是最新一家取消多元化目标的公司","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MCD":1},"content_text":"McDonald’s is ending some of its diversity practices, citing the U.S. Supreme Court’s 2023 decision outlawing affirmative action in college admissions.\nMcDonald's is the latest to shift its tactics in the wake of the Supreme Court ruling and the conservative backlash that followed. Walmart, John Deere, Harley-Davidson and others have also rolled back diversity programs.\nMcDonald's said Monday that it planned to retire specific goals for achieving diversity at senior leadership levels. It also intends to end a program that encourages its suppliers to develop diversity training and increase the number of minorities in their own leadership ranks.\nMcDonald's said it will also pause “external surveys.\" The Chicago burger giant didn't elaborate, but several other companies, including Lowe's and Ford Motor Co., have declined to participate in an annual survey by the Human Rights Campaign that measures workplace inclusion for LGBTQ+ employees.\nIn an open letter to employees and franchisees, McDonald's senior leadership team said that it remains committed to inclusion and believes its diversity is a competitive advantage. The company said 30% of its U.S. leaders are from underrepresented groups and it has reached gender pay equity at all levels of the company since setting that goal in 2021.\nMcDonald's said it would continue to support efforts that ensure a diverse base of employees, suppliers and franchisees. The company said it will also continue to report its demographic information.\nBut McDonald's said the “shifting legal landscape” after the Supreme Court decision and the actions of other companies caused it to take a hard look at its own policies.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2501262645"}