Latest Victim of Diversity Backlash: Your Workplace Affinity Group [BNN Bloomberg (Canada)]
Microsoft Corporation (MSFT)
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Source: BNN Bloomberg
Come and join an employee resource group that's tailored to you. Only now, after decades of growth, these popular company organizations are coming in for new scrutiny, along with just about every other diversity initiative in business and academia today. Budgets are getting cut. Diversity teams being pared. Priorities are shifting — in some cases, drastically — along with the business outlook. Across corporate America, companies in sectors from technology to industrial manufacturing are cutting jobs as they grapple with rising costs amid stubbornly high inflation and interest rates. Some employees are starting to wonder: Will joining these groups, corporate fixtures since the 1970s, really help my career? Or, if the wind shifts, could these affiliations somehow hurt? Major US corporations insist they're as committed as ever to fostering inclusive workplaces. But recent developments — many of them driven by the conservative backlash against diversity, equity and inclusion, or
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