I don’t understand the hate on DEI initiates. DEI is just make sure you hire a diverse work group. So if these dei employees are bad, that’s 100% on the company for hiring them. Nobody made them hire that specific person and 99/100 times employees are bad because no one trains them.
this post was submitted on 24 Jan 2025
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It's because some people only want to believe in straight white people.
Today my CEO at a large corpo org stood in front of a packed room of minority employees and assured us that the company would continue DEI policies regardless of the government and essentially said "fuck Trump" in the most politically correct way possible. It feels good that my workplace is such a safe space. I think we're about to find out what companies actually give a shit versus those using optics to prey on the LGBTQ community, disabled people, and racial minorities.
I also work for a large corpo org here, but instead of “DEI” we have “Belonging.” Under that label we have a council that informs and recommends things to our senior leadership, groups which offer support and community (LGBTQ+, Latinx, women, etc.), and provides learning resources. Overall I’m proud of the work we do. (I’m also proud of the two of people I’ve hired internally who were chairs in Belonging groups at some point!)
A couple months ago at a large event, someone asked if we’d be getting rid of DEI. Our Chief People Officer was able to say something to the effect of, “We’ve never had a DEI program but we are committed to continuing our Belonging practices.”
So basically we’re not backtracking on anything, and we have pretty good DEI, but because we never used the term “DEI” she was able to deflect the challenge to it. I never thought about it before that happened, but it made me wonder if it was an intentional choice to avoid the buzzword and so some of the criticism that comes of it.
Anyway, cheers to you also having a safe place of work!
"fuck Trump" is pretty politically correct.
Only 2% of Coscosians are racist....Coscosians are Costco Shareholders.
What fucking risks you fucks? Hiring people with the wrong skin colors?
The news cycles since Trump won the election is fucking terrible. Every corporation is mask off and drop anything that might benefit the populace so that they go back to being cowboys and treat employees like shit.
I want to personally say fuck you to everyone that voted for Trump. I hope that you and all the members of your close circle that voted for Trump die a painful death, after being economically fucked out of any little wealth you have.
The world is better off without you cunts.
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I wonder if Costco stock is a good buy right now. Currently $937 up from $300 in 2020. A P/E of 55, with 0.5% annual dividends paid quarterly.
With the new risk of being targeted by MAGAs for a boycott, I could see that being a problem. I don't think Costco's survival as a corporation depends on its stock. They do stock buybacks, which is going to be artificially inflating the price a bit.
If it drops significantly, I could see it being worth the pickup. Maybe I'll sell some long put options.
US stocks are incredibly expensive right now based on their earnings. If Trump messes up just slightly on the economy, the market will take a huge hit. To prop up the market and thereby his own ego, he's going to try to force Powell to lower interest rates even if it's not supported by the numbers.
He may or may not be successful. Good luck.
To prop up the market and thereby his own ego, he’s going to try to force Powell to lower interest rates even if it’s not supported by the numbers.
Ah, just like in 2019, which is why they were already at damn near 0% and had nowhere to go when the pandemic started.
(Just in case people need a reminder of where all that "covid" inflation really came from.)
A corporation not being absolute trash. Let's hope they deal fairly with their unionized employees.
Not just the corporation, but their shareholders. Republicans have been worshipping at the altar of Shareholder Value since the 80's.
Here you go, these shareholders just told you what they value! Will Republicans listen?
Republicans: Not like that.
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FYI: for normal corporations (i.e. not ones with individual majority stockholders like Musk) shareholder votes are almost always dominated by votes from the big mutual funds, and the managers of those funds always vote for whatever the board recommends as a matter of policy. The actual mom & pop investors who own the shares through those mutual funds in their 401(k)s etc. are entirely disenfranchised.
In other words, the actual owners of Costco had mostly fuck-all to do with this. We're just lucky that Costco's board of directors isn't terrible, for once.
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