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Microsoft Says Bye-Bye DEI, Joins Growing List Of Corporations Dismantling Diversity Teams
(atlantadailyworld.com)
cross-posted from: https://yall.theatl.social/post/3229309
From the Atlanta Daily World:
In a surprising yet increasingly common move, Microsoft has quietly dismantled its team dedicated to diversity, equity, and inclusion (DEI). The decision, communicated via email to the affected employees on July 1, cited “changing business needs” as the reason for the layoffs. While the exact number of employees impacted remains unclear, the team’s lead didn’t … Continued
The post Microsoft Says Bye-Bye DEI, Joins Growing List Of Corporations Dismantling Diversity Teams appeared first on Atlanta Daily World.
A CEO can be fired for anything.
A CEO can absolutely not be criminally charged for not maximizing short term profits at all costs. That's not what fiduciary duty means.
Fair, charged is the wrong word.
But please explain how you see the fiduciary duty then?
It's not "how I see it". It's a clearly defined legal term, that functionally means that you're required to act in good faith.
It doesn't mean more than that, and minority shareholders that have tried to sue on the grounds that they have any additional legal obligation have been laughed out of court.