Get woke, go broke — companies are laying off useless DEI workers

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Corporate Activism
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Get woke, go broke — companies are laying off useless DEI workers

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A new report this month revealed that recent layoffs in Big Tech have left many in the diversity, equity, and inclusion fields looking for new jobs. Sad!

Yes, DEI positions have reportedly been among the hardest hit. It’s just another sign of how useless such positions always were.

WHY COMPANIES GO WOKE

With a stagnant Biden economy and rising interest rates hitting corporations’ finances, companies have reevaluated their commitment to left-wing indoctrination. Since July 2022, company layoffs of those with DEI jobs have been much higher compared to those in non-DEI roles, according to data from Revelio Labs. The attrition rate for DEI jobs is 33%, compared to 21% for non-DEI jobs. As purse strings tighten, companies are starting to realize they don’t need to waste profits on jobs that exist solely because of left-wing political pandering.

“All the virtue signaling in the world cannot forestall the economic realities of a slowing economy,” said Andrew Crapuchettes, CEO of RedBalloon. “In a time when bloated Big Tech companies must make budget decisions, it’s no surprise that divisive and polarizing DEI programs are under scrutiny.”

According to a press release from RedBalloon, companies in the country spent over $9 billion on DEI initiatives last year. Much of this resulted from the societal overreaction following the murder of George Floyd in the summer of 2020. Left-wing executives throughout the nation used this chaos to implement radical agenda-driven corporate programs to reshape the culture and indoctrinate employees. Even more absurd, this total was expected to increase to $15.4 billion, according to the consulting firm StrategyR.

“Amazon, Twitter, and Nike have shed between 5 and 16 DEI professionals each, and Twitter’s infamous diversity team layoffs are not far behind,” according to Revelio Labs. “Bearing in mind the typically small size of DEI teams — the median DEI team size in this set of companies is 3 — these outflows likely amount to the exodus of entire diversity teams.”

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None of this should be shocking, as no DEI position is ever needed for a company to function. DEI is a field predicated on left-wing propaganda and does not produce anything of value. No special skills or talents are required to work in DEI.

Hopefully, this is a sign that corporate America has come to its senses and will stop caving to the Left’s cultural hijacking. DEI is toxic and useless and should stay in the ash heap of history where it belongs, along with so many other left-wing disasters.

© 2023 Washington Examiner

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