DEI initiatives across all industries are considered luxury goods. They provide no measurable impact the bottom line. Ignoring that, I've yet to find someone who has thought hiring these DEI experts over more engineering or management to be the fiscally intelligent choice.
When money supply shrinks the fat gets cut. The DEI initiatives were excessive levels of fat and in a value-driven economy this stuff gets cut.
This doesnt mean that RTO wasn't used to get people to quit. It's just this anecdata is a thinly disguised political op-ed rather than what most major news has reported for the last 2 years. Correlation is not causation. The majority of the first cuts from 2021-2023 came from these initiatives (and HR in general) as paying someone 250,000 dollars to browbeat people at the company all-hands is neither productive nor fiscally responsible.
DEI initiatives across all industries are considered luxury goods. They provide no measurable impact the bottom line. Ignoring that, I've yet to find someone who has thought hiring these DEI experts over more engineering or management to be the fiscally intelligent choice.
When money supply shrinks the fat gets cut. The DEI initiatives were excessive levels of fat and in a value-driven economy this stuff gets cut.
This doesnt mean that RTO wasn't used to get people to quit. It's just this anecdata is a thinly disguised political op-ed rather than what most major news has reported for the last 2 years. Correlation is not causation. The majority of the first cuts from 2021-2023 came from these initiatives (and HR in general) as paying someone 250,000 dollars to browbeat people at the company all-hands is neither productive nor fiscally responsible.