As banks retreat from DEI, Citi is making these changes to its diversity and hiring practices
The bank on Thursday said it would pull back from its DEI plans — saying it would end representational workforce goals, change the name of its DEI team and end some diversity-related standards in its hiring process.
Citibank Joins Private Sector Retreat From Diversity Initiatives
In a politically charged business climate, the global banking giant joins peers in ending many diversity, equity, and inclusion efforts, from hiring to corporate governance.
Citigroup Reforms Diversity Practices Amid Shifting Business Climate
Citigroup has decided to stop requiring diverse candidate slates for job interviews due to changing business conditions under President Trump. The bank is also renaming its Diversity, Equity and Inclusion team.
Citigroup joins corporate retreat from diversity initiatives
The bank will not have "aspirational representation goals" except as required by local law, CEO Jane Fraser said.
Citigroup drops its diversity targets, renames its DEI unit
Citi CEO Jane Fraser said the bank would renaming its diversity, equity, and inclusion team, among other changes, amid a growing DEI backlash.
Citi Scraps Diversity Goals, ‘DEI’ Term Under Trump Pressure
Citigroup Inc. is ending workplace representation goals and removing requirements to interview job candidates from diverse backgrounds, citing pressure from the Trump administration.
DEI retreat widens as Citigroup and PepsiCo roll back diversity policies
The retreat from corporate diversity programs widened this week as Citigroup and PepsiCo announced rollbacks of their DEI policies amid mounting scrutiny from a new administration in Washington, D.C.
Citigroup axes DEI goals, makes major change on job interviews
It is important to note that we’re living in an environment where things are changing quickly,” CEO Fraser wrote.
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