Toyota is following a wave of corporate rollbacks on “diversity, equity and inclusion” (DEI) initiatives.
In a memo sent to its U.S. employees and dealers on Oct. 3, Toyota said it would no longer support cultural events, such as Pride parades, that fall outside of STEM education and workforce-related initiatives.
The carmaker will refocus its employee groups to ensure their activities prioritize professional development, networking, and mentoring, with a clear alignment to driving the company’s business. Toyota also pledged to end participation in third-party culture surveys, like the Human Rights Campaign’s Corporate Equality Index. The group previously awarded Toyota a perfect score for its DEI efforts...
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Homeland Security Secretary Alejandro Mayorkas has said the Federal Emergency Management Agency (FEMA) does not have enough money to make it through the hurricane season, and lawmakers representing areas devastated...
Pending home sales transactions stopped declining in September, breaking away from the declining trend of the past several months, according to an Oct. 3 report by real estate brokerage Redfin...
