Major Banks Slash Diversity and Inclusion Programs Amid Legal Disputes
New York, NY – Major financial institutions Goldman Sachs and JPMorgan Chase have reportedly reduced their efforts to promote diversity, equity, and inclusion (DEI) following threats of lawsuits. The move has sparked concerns about the commitment of these banks towards addressing systemic inequalities and creating inclusive workplaces. According to anonymous sources familiar with the matter, both Goldman Sachs and JPMorgan Chase have scaled back their DEI initiatives in response to increasing legal risks. The threat of potential lawsuits alleging discrimination and preferential treatment has apparently led these banks to take a more cautious approach in … Read more