Not that these companies are your friend, but it's a reminder that not everyone is falling in line

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[–] 81 points 2 years ago (7 children)

Conservatives claim DEI hurt companies, but the financial sector is competitive and profit driven, so something doesn't add up

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  • [+] 47 points 2 years ago* (last edited 2 years ago) (4 children)
  • [–] 16 points 2 years ago (3 children)

    In finance I suspect the only thing they care about is if you make more money than the average employee in that role. The only color that matters is green.

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  • [+] 9 points 2 years ago* (last edited 2 years ago) (2 children)
  • [–] 17 points 2 years ago (2 children)

    If you want to look at it cynically, anyone that benefits from DEI would flock to them. It would increase their talent pool drive down new hire wages. Also anyone who supports these measures would think about bringing them business.

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  • [–] 19 points 2 years ago

    I very much believe that the reason the US is the most powerful country that's ever existed on the planet, by such a wide margin, is because it's an amalgamation of different ethnicities and cultures, pretty effectively working as one. Among other advantages, it stops you just doing things one way only, and associating only with people exactly like you, until the meta changes under you and you get whooped with no way to recover.

    I don't run a company, but if I did, I would want the same advantage even if it made things a lot less smooth.

    Of course, maybe I shouldn't be referencing "most powerful country" et cetera in the present tense. We can wait a couple years and see what happens.

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  • [–] 3 points 2 years ago

    Taking that cynicism one step further: JP Morgan and Goldman Sachs are both heavily pushing RTO mandates. Altering the optics of their DEI position can make them seem more welcoming to those who would benefit, thereby increasing the size of the pool of replacements for the remote workers they plan to dismiss.

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  • [–] 5 points 2 years ago (2 children)

    Not that it's all that much better, but I thought the executive order was for federal government positions (for now). Did I misunderstand?

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