When DEI gets downgraded to I&D

The Society for Human Resource Management (SHRM) announced last week that it dropped the word "equity" from its diversity, equity and inclusion (DEI) strategy — thereby setting off a bomb in the relatively staid world of corporate HR.

Why it matters: The shift — critics are calling it a retreat — comes as some companies are backing away from the diversity strategies launched a few years ago in the wake of George Floyd's killing, amid a barrage of attacks on companies by conservatives and Republican lawmakers.

The big picture: Many companies are rethinking, changing or abandoning DEI work.

• Just last week, CNN disbanded its race and equality reporting group, integrating those reporters across the newsroom.

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