Summary
Apple rejects anti-DEI proposal at investor meeting; other tech companies trim or eliminate DEI programs; Apple CEO warns of potential changes to comply with evolving legal landscape.
Key Points
The National Center for Public Policy Research brought the proposal, which was one of four such shareholder proposals rejected by Apple's board.
Apple's decision comes as Meta and Amazon have eliminated or curbed their DEI programs, while Google has reviewed its internal DEI programs.
Apple CEO Tim Cook warned that the company may need to make changes to comply with evolving legal landscape around DEI issues.
Why It Matters
The rejection of this proposal highlights Apple's commitment to diversity, equity, and inclusion, despite growing backlash against these efforts from conservative groups and some lawmakers.
Author
Dominic-Madori Davis