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Chronicles

The story behind the story

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After vocal commitments following George Floyd's murder in 2020, DEI programs at Big Tech companies, including Meta and Google, were in broad retreat in 2023

- After vocal commitments following the murder of George Floyd in 2020, DEI programs in the tech industry are in broad retreat.

CNBC Jennifer Elias

Context & Ripple Effects

The retreat reverses a post-2020 period in which a survey found 37 tech giants had committed $3.8 billion to diversity efforts and roughly two-thirds changed DEI policies after the protests the industry’s post-2020 DEI spending and policy push. It also follows evidence that public pledges did not necessarily correspond to stronger Black representation the gap between public pledges and workforce outcomes.

For Meta and Google, this is an early signal that DEI was becoming less durable as a standalone corporate program than the commitments made in 2020 suggested. Later coverage of Meta ending major DEI work shows the retrenchment was not merely rhetorical Meta’s subsequent termination of hiring, training, and procurement programs.

First-order effects

  • Meta and Google’s pullback reduces the institutional weight of DEI programs that had shaped internal policy, hiring-related efforts, training, and supplier-facing initiatives.
  • Employees and candidates who relied on these programs face fewer formal channels for representation and accountability, while company leadership gains more discretion over how such work is organized.

Second-order effects

  • Other large technology employers can treat the retreat by two major peers as cover to reassess DEI budgets, targets, and public commitments rather than maintain a common post-2020 standard.
  • The emphasis shifts from visible, dedicated programs toward less easily comparable people-management practices, making external assessment of progress more difficult.

Third-order effects

  • If this pattern persists, workforce inclusion becomes less of a distinct corporate institution and more contingent on leadership priorities, legal exposure, and the business cycle.
  • The likely industry-level consequence is weaker shared disclosure and benchmarking: later reporting that some major firms would stop publishing diversity data points to that risk the move away from diversity-report publication.

The trend: Big Tech’s post-2020 diversity commitments are moving from highly visible, dedicated programs toward narrower and less publicly measurable forms of workforce policy.

Discussion

  • @scott_fenstermaker Scott Fenstermaker on threads
    As a professional in the risk industry I have learned one very important lesson on the international comparative rates on ESG-DEI adoption: American companies don't do shit until fined into oblivion.
  • @__aarum @__aarum on x
    I told y'all this was coming. And you add in the role back of affirmative action & they side enough on these panels. DEI did not focus on hiring etc It focused on looking none racist. Hire 1 POC a woman as SVP, pay celebrities to come talk about diversity & keep us powerless
  • @abefroman Neale on x
    Not surprised at all. So many corporate DEI initiatives were virtue signaling w/ no desire to effectively recruit, train, or retain talent. The backlash against DEI is insane if you think about it. Who dies on a hill fighting against equity and inclusion? 🤔