European Firms Dial Down Diversity Talk Amid Trump’s DEI Backlash

In an article on how European firms are adjusting their diversity and inclusion (DEI) strategies, Bloomberg highlights a decline in DEI mentions during earnings calls of major European companies. This shift aligns with a broader backlash in the U.S., driven by President Donald Trump’s executive orders pressuring firms to dismantle DEI commitments. Matteo Winkler, associate professor at HEC Paris, explains that European companies may be downplaying DEI efforts to avoid losing U.S. government contracts, illustrating the transatlantic influence on corporate policies.