this post was submitted on 18 Jul 2024
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Farm equipment maker John Deere says it will no longer sponsor “social or cultural awareness” events, becoming the latest major U.S. company to distance itself from diversity and inclusion measures after being targeted by conservative backlash.

In a statement posted Tuesday to social media platform X, John Deere also said it would audit all training materials “to ensure the absence of socially-motivated messages” in compliance with federal and local laws. It did not specify what those messages would include.

Moline, Illinois-based John Deere added “the existence of diversity quotas and pronoun identification have never been and are not company policy.” But it noted that it would still continue to “track and advance” the diversity of the company, without providing further details.

The move from the company known on Wall Street as Deere & Co. arrives just weeks after rural retailer Tractor Supply ended an array of its corporate diversity and climate efforts. Both announcements came after backlash piled up online from conservative activists opposed to diversity, equity and inclusion efforts, sponsorship of LGBTQ+ Pride events and climate advocacy.

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[–] [email protected] 12 points 3 months ago (1 children)

No, they're actually doing very well:

https://www.morningstar.com/stocks/xnys/de/financials

Net income and operating income is 3x it was 5 years ago. This DEI issue is unfortunate, but don't lie about the company.

[–] [email protected] 3 points 3 months ago

What's being profitable have to do with mass firings? It's like you've been asleep for forty years.