Alphabet’s Google is scrapping its goal to hire more employees from historically underrepresented groups and is reviewing some of its diversity, equity and inclusion (DEI) initiatives.With this, Google joins a slew of US businesses, particularly in Silicon Valley, that have been scaling back their diversity initiatives, years after pushing for more inclusive policies after protests against the police killings of George Floyd and other Black Americans in 2020. The company did not immediately respond to a req ...

Google has ended hiring targets tied to representation, BI confirmed.The company also said it is evaluating its DEI programs.Target, Meta, and other major US companies have also reduced DEI-related policies and programs.Google will no longer pursue hiring goals tied to representation, Business Insider confirmed. The change makes the tech giant the latest US company to pull back on DEI-related policies. The company is also evaluating its DEI programs and initiatives."We're committed to creating a workplace w ...

Google will reportedly scrap its diversity hiring targets and review some of the tech giant’s DEI initiatives — becoming the latest major company to walk back the controversial initiatives.Alphabet’s annual filing with the SEC on Wednesday showed it omitted a line saying it was “committed to making diversity, equity and inclusion part of everything we do and to growing a workforce that is representative of the users we serve.”That statement appeared in annual reports from 2021 to 2023. 3 Google is killing ...

In Brief Google will no longer have diversity hiring targets and will review its diversity, equity, and inclusion programs, according to an email sent to employees seen by the Wall Street Journal. Google now joins other tech companies rolling back DEI practices, especially as DEI practices come under fire from conservative groups. Amazon and Meta have also rolled back DEI measures in the past few months.  Google first implemented DEI targets in 2009, set a goal of increasing hires from underrepresented gro ...

Douglas Emmett (DEI) reported $244.98 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 15.4%. EPS of $0.38 for the same period compares to -$0.24 a year ago.The reported revenue represents a surprise of -0.87% over the Zacks Consensus Estimate of $247.12 million. With the consensus EPS estimate being $0.37, the EPS surprise was +2.70%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to d ...

Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.38 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to FFO of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 2.70%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.41 per share when it actually produced FFO of $0.43, delivering a surprise of 4.88%.Over the last four quarte ...

Amazon recently changed some of its DEI websites and halted some programs.An AWS VP clarified Amazon's continued commitment to DEI in a meeting in late January.Other firms such as Meta and Target recently pulled back on DEI efforts.An Amazon executive told employees the company remains committed to diversity, equity, and inclusion, during a recent internal meeting. The tech giant has changed some of its websites about DEI and halted some programs. That prompted some employees to ask about this ahead of the ...

Executive Summary Debt Refinancing: During December 2024, we closed (i) a $325.0 million loan for one of our joint ventures and used the proceeds and cash on hand to replace a $400.0 million loan and (ii) a $61.8 million loan for the joint venture that purchased 10900 Wilshire Boulevard. Details of these loans can be found on page 12. Our portfolio is located in the premier coastal submarkets of Los Angeles and Honolulu. Our In-Service Portfolio includes 17.5 million square feet of Class A office properties ...

The looming threat of 18,000 Costco store employees heading to the picket lines appears less likely, with the Teamsters labor union announcing Saturday that it has reached a tentative agreement for a new contract with the grocery chain. The negotiations come amid Costco standing firm on its Diversity, Equality, and Inclusion (DEI) policies as most companies turn their backs on the controversial initiative."The tentative agreement will be presented to the membership for a vote," the union, which represents 1 ...

Costco's commitment to diversity and inclusion is facing fresh scrutiny from Republicans.In a letter to CEO Ron Vachris, 19 attorneys general urged the company to end its DEI programs.The letter comes after Costco shareholders overwhelmingly rejected a proposal to report on potential DEI risks.Costco appears to have a target on its back. The wholesale club's commitment to DEI is facing fresh scrutiny from a group of 19 Republican attorneys general who say the retailer is "clinging" to "divisive and discrimi ...