WorkplaceEquity

Barclays Drops US Diversity Goals Following Internal Review

8 days ago

In a significant policy shift, Barclays has decided to abandon its previously established diversity targets for its operations in the United States. This change comes on the heels of an internal review that analyzed the effectiveness and implications of the bank's diversity initiatives. The decision to reassess its commitments highlights the broader challenges financial institutions face in balancing diversity aspirations with operational realities.

Goldman Sachs Bows to Political Pressure, Ditches Diversity Targets Following Trump Administration's Executive Order

2 months ago

In a significant move that underscores the ongoing debate surrounding diversity and inclusion in corporate America, Goldman Sachs has announced the removal of its diversity targets. This decision comes in the wake of the Trump administration's controversial executive order aimed at limiting the implementation of diversity training and initiatives in federal agencies and contractors.

Citigroup Cuts 401(k) Contributions for Top Earners: A Shift in Employee Benefits

3 months ago

In a significant change to its employee benefits structure, Citigroup has announced a reduction in its 401(k) contributions for high-income earners within the organization. This move, aimed at realigning compensation strategies and bolstering long-term financial health, reflects broader trends in corporate America as businesses reassess their benefit offerings amid economic pressures.