David Bahnsen, founder and managing partner of The Bahnsen Group, joins The Big Money Show to discuss companies that have reversed course on investing in DEI and ESG, UFC CEO Dana White joining Meta’s board and the ongoing California wildfires.
Meta CEO Mark Zuckerberg has reportedly blamed Facebook’s parent company’s Diversity, Equity and Inclusion (DEI) on the tech giant’s former longtime executive.
the The New York Times reported That when Zuckerberg moved to root out DEI programs at Meta — the parent company of Facebook, Instagram, and Threads — he met with Stephen Miller, a key aide to President-elect Trump.
At that meeting, Zuckerberg blamed Sheryl Sandberg, Meta’s former chief operating officer who left the company in 2022, for a sweeping initiative that sought to encourage employees to express themselves in the workplace, according to the Times report.
Zuckerberg also indicated to Miller that he previewed the changes to Meta policies and indicated that he does not plan to obstruct the incoming administration’s efforts to roll back the culture of DEI in corporate America, according to the report.
Meta finalizes company’s DEI programs
Sheryl Sandberg, former COO of Meta, is known as an advocate for gender equality in the workforce. ((Photo by Paul Marotta/Getty Images)/Getty Images)
Sandberg is known as the author of “Lean In: Women, Work, and the Will to Lead,” which aims to discuss issues related to the lack of women in corporate and political leadership roles to help women achieve career goals. She also founded Lean In, a non-profit organization that works to combat gender inequality in the workplace, and serves as chair of the board of directors.
FOX Business has reached out to Sandberg’s representative for comment.
| tape | protection | last | It changes | % changes |
|---|---|---|---|---|
| dead | Meta Platforms Inc | 614.10 | +2.80 |
+0.46% |
Last week, Zuckerberg’s changes took effect at Meta with the announcement that the company would end its DEI programs.
Induction policy chief says decision to end DEI ensures company hires ‘most talented people’
Sandberg left dead in 2022. (Kevin Deitch/Getty Images/Getty Images)
“The legal and policy landscape surrounding diversity, equity and inclusion efforts is changing,” Meta Vice President of Human Resources Janelle Gale wrote in a memo to employees.
Gale’s memo was first reported by Axios and Meta confirmed the report in response to an inquiry from FOX Business.
The memo noted that recent decisions by the Supreme Court have had the effect of “signaling a shift in how courts approach DEI,” contributing to the change.
“The term DEI has also become charged, in part because it is understood by some as a practice that indicates preferential treatment of some groups over others,” Gale wrote in the memo first reported by Axios.
Mark Zuckerberg praises the benefits of “masculine energy” and calls on American companies to be “culturally neutral”
Meta CEO Mark Zuckerberg recently backed away from the tech giant’s DEI initiatives. (Reuters/Manuel Orbegozo/Reuters)
Meta immediately terminated its DEI programs for recruiting, training and selecting suppliers with this announcement.
Joel Kaplan, Meta’s new chief global affairs officer, spoke to Fox News Digital’s Brooke Singman about the changes and said, “Ultimately this is about doing what’s best for our company and making sure we serve everyone and build teams with the most talented people.”
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“This means evaluating people as individuals, selecting people from a pool of candidate pools, but never making hiring decisions based on protected characteristics like race or gender,” Kaplan explained.
Fox News Digital’s Brooke Singman contributed to this report.