Tuesday, July 8, 2025
  • Login
Bullnews - Your Daily Source for Financial Insights, Stock Market Trends & Investment News
Advertisement
  • Home
  • USA
  • World
  • Investing
  • Alternative Investing
  • Personal Finance
  • Opinion
  • Retirement
  • ETFs
  • FX
  • Crypto
No Result
View All Result
  • Home
  • USA
  • World
  • Investing
  • Alternative Investing
  • Personal Finance
  • Opinion
  • Retirement
  • ETFs
  • FX
  • Crypto
Bullnews - Your Daily Source for Financial Insights, Stock Market Trends & Investment News
No Result
View All Result
Home US News

Amazon Removes DEI Reference from Annual Report

by bullnews
February 7, 2025
in US News
Reading Time: 2 mins read
0 0
0
Amazon Removes DEI Reference from Annual Report
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter


As I strolled past The Spheres at Amazon’s headquarters in Seattle last November, a striking image caught my attention – not just the architecture, but the direction the company seems to be taking on some key issues.

Recently, Amazon made headlines by scrubbing any mention of diversity and inclusion from its newest annual report. Released shortly after their fourth-quarter earnings, the report for 2024 lacks the “inclusion and diversity” references found in the prior year’s “Human Capital” section. Previously, the report stated, “As we strive to be Earth’s best employer, we focus on investment and innovation, inclusion and diversity, safety, and engagement to hire and develop the best talent.” This time around, it merely states, “We strive to be Earth’s best employer,” with no further elaboration on diversity goals.

This shift comes as Amazon scales back on its diversity, equity, and inclusion (DEI) programs. In a memo to staff, Candi Castleberry, Amazon’s VP of inclusive experiences and technology, revealed that the company has been “winding down outdated programs and materials,” aiming to refine its focus among hundreds of initiatives. Castleberry emphasized that Amazon still values DEI efforts and will keep supporting some initiatives, but specifics remain ambiguous.

Additionally, Amazon has trimmed its DEI-related messages on its public policy webpage. Previously separate sections covering topics like “Equity for Black people” and “LGBTQ+ rights” have been consolidated, and notably, references to “transgender” have vanished altogether.

There’s a broader trend here, too, as tech firms are re-evaluating DEI in the post-Trump era. For instance, Google has omitted DEI language from their annual report, and Meta recently announced a retreat from programs aimed at boosting diversity in hiring. Meanwhile, fast-food giants like McDonald’s, retail behemoths like Walmart and Target, and major corporations such as Disney, GM, GE, and Pepsi are also scaling back DEI mentions in their filings.

Despite this trend, certain companies are resisting the shift. Costco, for instance, rejected a call to reassess DEI’s impact on its stock price, and Apple opposed a similar proposal. Leaders at Pinterest, JPMorgan Chase, and Goldman Sachs have affirmed their commitment to DEI.

It’s important to note that Amazon is a significant employer, second only to Walmart, boasting over 1.5 million employees as of last December. Recently, Amazon had committed to increasing the number of Black executives and corporate employees within the U.S.

As Amazon consolidates its approach to DEI, it simultaneously eyes an enormous investment in artificial intelligence. CEO Andy Jassy describes this as a “once in a lifetime opportunity,” setting aside an impressive $100 billion for capital expenditures by 2025, largely focused on AI – the largest capex among the tech giants so far.

Stay tuned to see how these changes will shape Amazon’s trajectory moving forward.

Tags: AmazonAnnualDEIReferenceRemovesreport
Previous Post

Trump Jr. Endorses Crypto Amidst World Liberty Financial’s Strategic Reserve Launch

Next Post

Neighborhoods Bear the True Expense of Tree Removal

Similar Stories

Churches Can Support Political Candidates Without Risking Tax-Exempt Status

Churches Can Support Political Candidates Without Risking Tax-Exempt Status

July 8, 2025
Option Traders Experience Déjà Vu as Markets Stabilize Ahead of Tariff Deadline

Option Traders Experience Déjà Vu as Markets Stabilize Ahead of Tariff Deadline

July 6, 2025

GelreGroen JV Secures Contract with Rijkswaterstaat for Dutch Highway Project

July 4, 2025

Video Highlights from Nasdaq: June 2025 Coverage with CorpGov and IPO Edge

July 2, 2025

UK’s FRC Releases Guidance on AI Implementation in Auditing

June 30, 2025

Gabelli Funds Recommends AI Stocks to Invest In Amid Ongoing Boom

June 28, 2025
Next Post
Neighborhoods Bear the True Expense of Tree Removal

Neighborhoods Bear the True Expense of Tree Removal

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Trump’s Bold and Impactful Cabinet Selections Are Just What America Needs – News-Herald

Trump’s Bold and Impactful Cabinet Selections Are Just What America Needs – News-Herald

November 22, 2024
The Guardian’s Perspective: Global Justice at a Turning Point – The Imperative of Accountability for War Crimes | Editorial

The Guardian’s Perspective: Global Justice at a Turning Point – The Imperative of Accountability for War Crimes | Editorial

November 22, 2024
How Are U.S. Tariffs Impacting Your Business? Share Your Experience with Us.

How Are U.S. Tariffs Impacting Your Business? Share Your Experience with Us.

May 7, 2025
8 Updates to CPF in 2025

8 Updates to CPF in 2025

December 15, 2024
Trump’s Bold and Impactful Cabinet Selections Are Just What America Needs – News-Herald

Trump’s Bold and Impactful Cabinet Selections Are Just What America Needs – News-Herald

0
Don’t Let Political Turmoil Distract from the Climate Crisis

Don’t Let Political Turmoil Distract from the Climate Crisis

0
Democrats Challenge Trump Policies with Resistance Tactics

Democrats Challenge Trump Policies with Resistance Tactics

0
The Guardian’s Perspective: Global Justice at a Turning Point – The Imperative of Accountability for War Crimes | Editorial

The Guardian’s Perspective: Global Justice at a Turning Point – The Imperative of Accountability for War Crimes | Editorial

0
The Guardian’s Perspective on Israel and Gaza: Creating Desolation in the Name of Peace | Editorial

The Guardian’s Perspective on Israel and Gaza: Creating Desolation in the Name of Peace | Editorial

July 8, 2025
Wells Fargo’s Trading Strategies for Q3

Wells Fargo’s Trading Strategies for Q3

July 8, 2025
Churches Can Support Political Candidates Without Risking Tax-Exempt Status

Churches Can Support Political Candidates Without Risking Tax-Exempt Status

July 8, 2025
Mengungkap Fenomena Sengtoto Toto Macau di Era Digital

Mengungkap Fenomena Sengtoto Toto Macau di Era Digital

July 8, 2025
Bullnews - Your Daily Source for Financial Insights, Stock Market Trends & Investment News

Bullnews - Your Daily Source for Financial Insights, Stock Market Trends, Investment News, Cryptocurrancy News and More!

Categories

  • Alternative Investing
  • Crypto
  • ETFs
  • FX
  • Investing
  • Opinion
  • Personal Finance
  • Retirement
  • US News
  • World News

Site Map

  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms and Conditions
  • Contact us

Recent News

  • The Guardian’s Perspective on Israel and Gaza: Creating Desolation in the Name of Peace | Editorial
  • Wells Fargo’s Trading Strategies for Q3
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2025 Bull News - All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • USA
  • World
  • Investing
  • Alternative Investing
  • Personal Finance
  • Opinion
  • Retirement
  • ETFs
  • FX
  • Crypto

Copyright © 2025 Bull News - All Rights Reserved.