Thread regarding AT&T layoffs

DEI-saster

The largest and most profitable companies in competitive markets apparently meant it when they promised to interview and hire a lot more minority job applicants.

Hiring data from 2020-21 of 88 companies on Standard & Poor’s (S&P) 100 list bears that out. An eye-opening report from Bloomberg shows these companies increased their workforces by 323,000-plus following the George Floyd protests and riots.

The surge in hiring was dominated by diversity, equity and inclusion (DEI) initiatives. An eye-opening 94% of new hires could be categorized as “people of color (POC).” Whites – just over 70% of the U.S. population – accounted for only 6% of S&P 100 hires.

Just wait for the pendulum to swing back.

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| 1284 views | | 19 replies (last October 8, 2023) | Reply
Post ID: @OP+1oWgc9Sf

19 replies (most recent on top)

That jingle you mentioned caught my attention also.

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Post ID: @3iyj+1oWgc9Sf

Don't worry, if you can hear the ghetto jingle in "around the globe"

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Post ID: @2jhu+1oWgc9Sf

It is good that the S&P 500 companies are hiring.

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Post ID: @agb+1oWgc9Sf

Life after T.

Every job application I filled out in the past few months, asked for my gender, skin color, and in about half of them, se-ual orientation or self-identification. I'm no racists, I believe, but putting "White, Male, Straight, He/Him" on those applications, and only getting interviews from around 3% of them, made me wonder how many simply filtered me out based on the characteristics I have no control over. Just to be completely honest.

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Post ID: @lmf+1oWgc9Sf

@bzc+1oWgc9Sf burped: "Stock market has been falling ever since companies started dei initiatives. Go figure. "

Sure thing, Cletus. Just like ice cream causes polio, right?

Has there ever been a more uninformed, ignorant, ridiculous take on this site?

Leaving aside the old canard that correlation does not mean causation, the fact is that every company has been having problems with stock price recently regardless of their stance on DEI. In fact, it would be quite interesting to see the relative performance of companies that have a robust DEI commitment to those that don't.

Only then can one even begin to make an initial determination of whether DEI may possibly be a contributing factor in stock performance.

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Post ID: @jfs+1oWgc9Sf

37 of the Fortune 50 CEOs are still white male, so the sky is not falling for you guys. But it interesting to note that Google, Microsoft, Apple, & Nvidia all have DEI CEOs and those companies haven’t done too bad.

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Post ID: @ipi+1oWgc9Sf

Stock market has been falling ever since companies started dei initiatives. Go figure.

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Post ID: @bzc+1oWgc9Sf

“Pseudo racism” are u for real?
Yes I am. There are no policies or laws in place currently promoting the discrimination against POC. Quite the opposite. Yes there are ignorant people that do and say d-mb things, that goes across any racial group. However, there are laws and policies that discriminate against whites and particularly white males currently, those are facts. Discrimination is discrimination. It’s not right no matter how you want to spin it.

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Post ID: @yeq+1oWgc9Sf

What is not clearly stated in these stats is all the Officers, VPs, Managers and Consultants and staff that were hired into all the many thousands of DIE openings created by this BS. Clearly, we all know who was hired into these positions.

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Post ID: @dfn+1oWgc9Sf

Who says they are not the most qualified. You sound like a r…..!

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Post ID: @zgu+1oWgc9Sf

There will be case studies on going woke and broke. Why cant we select the BEST QUALIFIED candidates in a blind review.

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Post ID: @abc+1oWgc9Sf

You can’t cure racism with more racism. It just makes things worse.

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Post ID: @kzq+1oWgc9Sf

Racism is racism. Doesn't matter, any company promoting racism will pay a heavy price.

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Post ID: @yit+1oWgc9Sf

“Pseudo racism” are u for real? People of color have dealt with this all their lives! now because u feel it will affect “your kids” you are so concerned and think it’s more “authentic” than what others already deal with DAILY, the nerve! What goes around comes around.

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Post ID: @iyy+1oWgc9Sf

Terrifying that people believe in the “replacement theory”. The world is definitely getting browner but it’s no devised plan!
Lord help us

  • John Kelly
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Post ID: @byo+1oWgc9Sf

“ Wow you sound like an old r**ist. The real question would be the diversity breakdown today at AT&T and their competitors.”

And you are a racist for supporting this stuff.

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Post ID: @pmd+1oWgc9Sf

Not surprised. I feel for my kids who are now going to be actually discriminated against because of their skin color. Not this pseudo racism that others claim, but real in your face discrimination. Just wait for what’s coming next. It’s going to be brutal. Look at history for reference.

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Post ID: @gzi+1oWgc9Sf

It will never swing back. The exercise here is to create a cultural revolution to overthrow capitalism. By empowering the marginalized classes they are ushering in the Great Reset. All part of the plan man, you will own nothing and love it ! I am not a fan of any of it but unfortunately they hold the cards.

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Post ID: @rih+1oWgc9Sf

Wow you sound like an old r**ist. The real question would be the diversity breakdown today at AT&T and their competitors. Just because you see a more diverse work force it does mean they have broken your 30% threshold.

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Post ID: @ngi+1oWgc9Sf

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