PepsiCo Scales Back DEI Programs Amid Trump Orders
PepsiCo Scales Back DEI Programs Amid Trump Orders

PepsiCo Scales Back DEI Programs Amid Trump Orders

News summary

PepsiCo is scaling back its diversity, equity, and inclusion (DEI) initiatives in response to President Donald Trump's executive orders and the broader business climate. The company will no longer have a Chief DEI Officer, abandon workforce representation targets, and stop participating in demographic surveys. PepsiCo's supplier diversity program will shift focus to include all small businesses, and the company will adopt a new 'Inclusion for Growth' strategy, moving away from 'woke' agendas. This move aligns with other major U.S. corporations like Coca-Cola, JPMorgan Chase, and Morgan Stanley, who are also revising or ending their DEI commitments. The decision is part of a broader shift prompted by Trump's administration, which is targeting DEI programs across both the federal government and the private sector.

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