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After the death of George Floid in 2020, many top US companies gave unprecedented amount of cash and promised policy changes, all turned to racial justice. Now, five years later, after a cultural backlash, many of these companies have revealed the course on the dei.
On May 25, 2020, a 46 -year -old black man, a white policeman Derek Chowvin, kneel his neck for more than nine minutes during his arrest. A year later, Chauvin was convicted of killing a second degree. After Floid’s death, waves of protests and riots erupted in cities across the country, calling for racial justice.
Corporate America reacted to race-based tumors by funding racial justice programs to fund racial justice programs and to embrace policies to enhance racial representation in its workplaces. Top 50 US companies promised about $ 50 billion towards racial equality immediately after Floid’s death, Washington Post reported.
McDonald’s issued a commercial, characterized by a list of black individuals killed, including Floid immediately after his death, he declared him “one of us”. In 2021, Golden Arches applied the diversity targets, representing 35% representation of underputed groups in leadership roles and 45% female representation in leadership roles by 2025.
Dei is dead. What is there should come here
McDonald’s has demolished the goals of keeping their aspirational work. (Istock / istock)
However, the fast food chain announced in January will happen Bringing some of your Dei initiativeIncluding its aspiring representation targets. Additionally, McDonald’s stated that it was no longer participating in external trading surveys, ending its “mutual commitment to dei pledge” of its supply chain and turning its diversity team’s name into a global inclusion team.
On arrival for comment, McDonald’s included Fox News Digital on the “McDonald’s” page It was found on its website.
Bank of America A month after Floid’s death, in June 2020, he committed $ 1 billion to carry on “racial equality and economic opportunity”. The bank promised $ 25 million for the initiative of jobs benefiting black and Hispanic persons, and increased its commitment in Bank of America in 2021. $ 1.25 billion To include “Consullery Justice and Advocacy for people of Asians”. In the 2025 annual report of Bank of America, the bank announced that it had fulfilled that commitment.
Google pledged millions of dollars towards racial justice initiative after George Floid’s death. (AP Photo / Don Ryan, File / AP Picture)
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However, years later the bank was taking a different view of racial justice. Trump took over for his second term, the Bank of America abandoned the references to the Aspirational Hiring Goals and a rule that in his annual filing in February 2025 required to hire a diverse slate of candidates for some posts in his annual filing.
When Fox News arrived for a digital comment, a representative from the Bank of America responded with a statement from February.
Bank of America said in a February statement, “We evaluate and accommodate our programs in light of new laws, court decisions and recent executive orders from the new administration. Our goal continues to provide opportunities for all our customers, shareholders, teammates and communities that we serve.”
Bank of America promised more than $ 1 billion to racial equity and economic opportunity after the death of George Floid.
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According to the Washington Post, Google promised $ 225 million in donations after Floid’s death. Those commitments included $ 12 million towards “organizations working to address racial inequalities” and $ 1 million For the Center for Policing Equity and Equal Justice Initiative.
However, in February, Tech Beemoth announced No longer chase Increasing minority representation in the workplace.
Google did not respond to the request of Fox News Digital for comments.
Short after taking office for his second term, President Donald Trump Close all diversity, equity and inclusion (DEI) offices in the federal government and signed several executive orders falling on DEI.
President’s efforts to end dei in the federal government Scaling motivated back or cancellation DEI programs in the private sector.
Fox News’ Brooke Sineman contributed to this report.
