Yahoo Finance reports:
President Donald Trump urged Apple to “get rid” of its diversity, equity, and inclusion (DEI) policies a day after the company’s investors voted down a proposal to scrap them.
“APPLE SHOULD GET RID OF DEI RULES, NOT JUST MAKE ADJUSTMENTS TO THEM. DEI WAS A HOAX THAT HAS BEEN VERY BAD FOR OUR COUNTRY. DEI IS GONE!!!” Trump wrote in a Wednesday post on Truth Social.
A majority of Apple shareholders on Tuesday rejected the proposal from the National Center for Public Policy Research, a conservative think tank, that the company “abolish” its DEI efforts because the programs pose litigation, reputation, and financial risks. The company had recommended stockholders reject the proposal.
Read the full article. Just now during his first Cabinet meeting, Trump boasted that Apple is a planning a $500 billion project “purely because of the election result.”
Apple shareholders have opted to keep the firm’s diversity, equity and inclusion policies. A matter of contention for conservatives, DEI programs have been targeted by US President Donald Trump’s new administration https://t.co/x0rVzQpXBt pic.twitter.com/dHos6iZ2Ou
— Reuters Business (@ReutersBiz) February 26, 2025