• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Stock

McDonald’s is the latest company to roll back diversity goals

by January 7, 2025
written by January 7, 2025

Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a U.S. Supreme Court decision that outlawed affirmative action in college admissions.

McDonald’s is the latest big company to shift its tactics in the wake of the 2023 ruling and a conservative backlash against diversity, equity and inclusion programs. Walmart, John Deere, Harley-Davidson and others rolled back their DEI initiatives last year.

McDonald’s said Monday it will retire specific goals for achieving diversity at senior leadership levels. It also intends to end a program that encourages its suppliers to develop diversity training and increase the number of minorities in their own leadership ranks.

McDonald’s said it will also pause “external surveys.” The Chicago burger giant didn’t elaborate, but several other companies, including Lowe’s and Ford Motor Co., suspended their participation in an annual survey by the Human Rights Campaign that measures workplace inclusion for LGBTQ+ employees.

McDonald’s rolled out a series of diversity initiatives in 2021 after a spate of sexual harassment lawsuits filed by employees and a lawsuit alleging discrimination by a group of Black former owners of McDonald’s franchises.

“As a world-leading brand that considers inclusion one of our core values, we will accept nothing less than real, measurable progress in our efforts to lead with empathy, treat people with dignity and respect, and seek out diverse points of view to drive better decision-making,” McDonald’s Chairman and CEO Chris Kempczinski wrote in a LinkedIn post at the time.

But McDonald’s said Monday that the “shifting legal landscape” after the Supreme Court decision and the actions of other corporations caused it to take a hard look at its own policies.

In an open letter to employees and franchisees, McDonald’s senior leadership team said it remains committed to inclusion and believes a diverse workforce is a competitive advantage. The company said 30% of its U.S. leaders are members of underrepresented groups, up from 29% in 2021. McDonald’s previously committed to reaching 35% by the end of this year.

McDonald’s said it has achieved one of the goals it announced in 2021: gender pay equity at all levels of the company. It also said it expected to achieve a goal of having 25% of total supplier spending go to diverse-owned businesses by the end of the year.

McDonald’s said it would continue to support efforts that ensure a diverse base of employees, suppliers and franchisees, but its diversity team will now be referred to as the Global Inclusion Team. The company said it would also continue to report its demographic information.

This post appeared first on NBC NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
U.S. Steel sues Biden admin, union boss after president blocks acquisition deal
next post
Conservatives rejoice over ‘jaw dropping’ Meta censorship announcement: ‘Huge win for free speech’

related articles

Trump Media to merge with nuclear fusion company

December 20, 2025

Prada Group says it has purchased fashion rival...

December 3, 2025

Dell family donation to offer 25 million kids...

December 3, 2025

Shopify says a daylong Cyber Monday outage has...

December 3, 2025

Starbucks to pay about $35M to NYC workers...

December 3, 2025

Apple’s AI chief abruptly steps down

December 3, 2025

Airbus says most of its recalled 6,000 A320...

December 2, 2025

Campbell’s fires executive accused of racist remarks and...

November 28, 2025

Bitcoin and other crypto assets sink in flight...

November 24, 2025

Stock market sinks as AI and interest rate...

November 24, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Top liquor distributor favored Costco and Kroger over small businesses, FTC says

    December 13, 2024
  • Mike Huckabee nomination advances in Senate, one step closer to becoming ambassador to Israel

    April 8, 2025
  • Stellar and Bitcoin Cash: Stellar is consolidating 

    July 11, 2024
  • Unknown drone fleet breached US military base airspace in Virginia for 17 straight days: report

    October 13, 2024
  • One Republican senator voted against confirming Trump nominee Harmeet Dhillon

    April 4, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (7,181)
  • Investing (715)
  • Stock (964)

Latest Posts

  • Trump-aligned group sues Chief Justice John Roberts in effort to restrict power of the courts

    May 5, 2025
  • Trump says national security concerns in Nippon-U.S. Steel deal can be resolved

    June 15, 2025
  • Parents of American murdered by Hamas make ‘plea’ to Trump after latest hostage release

    February 9, 2025

Recent Posts

  • Why Wall Street thinks Brian Niccol is the person to revive Starbucks — and end the Howard Schultz era

    August 14, 2024
  • Ex-Obama official predicts Harris will seek new Iran nuclear deal: ‘Has to be the goal’

    August 27, 2024
  • Dow Jones drops, S&P flat on Fed uncertainty; Maplebear Rallies, Exxon and Shell slump

    January 9, 2025

Editor’s Pick

  • Trump cuts China tariff after Xi signals tougher fentanyl enforcement, rare-earth pause

    October 30, 2025
  • Disney+ Terms Cited to Block Allergy Death Lawsuit

    August 15, 2024
  • Gov. Gavin Newsom says he will provide residents rebates if Trump removes EV tax credit

    November 25, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock