'Lowe's Is Scaling Back Its Diversity, Equity And Inclusion Policies, Joining The Ranks Of Several Other Companies That Altered Their Programs Since The U.S. Supreme Court Outlawed Affirmative Action In College Admissions Or After Facing A Conservative Backlash Online' - AP
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Lowe's is reducing its Diversity, Equity, and Inclusion (DEI) policies, aligning with other companies that have modified their programs following the U.S. Supreme Court's decision against affirmative action in college admissions or due to conservative backlash.
August 28, 2024 | 5:31 pm
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Lowe's is reducing its DEI policies, which may impact its public image and employee relations. This move follows the Supreme Court's decision on affirmative action and conservative backlash.
Lowe's decision to scale back DEI policies is significant as it reflects a broader trend among companies following the Supreme Court's ruling. While this may not directly impact financials, it could affect public perception and employee morale, leading to a neutral short-term stock impact.
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