As the US economy continues its downward spiral thanks to the Biden administration, it seems the next head on the chopping block is toxic progressive ideology – namely diversity, equity, and inclusion or DEI.
According to The Wall Street Journal, DEI, which saw a massive boom or awakening in 2020 after the death of George Floyd, now seems to be on its way out.
For most conservative thinkers, it’s something we saw coming from the start. I mean, just how did they expect to make lifelong careers and money off of telling people to be more inclusive and promoting an ideology that only creates division?
And now, it seems companies are realizing that the hard way.
As WSJ reports, companies high on the DEI roller coaster, like Disney, Netflix, and Warner Bros. Discovery, have all been forced to lay off most, if not all, their diversity, equity, and inclusion officers and executives over the last year.
The Journal cites that in 2018, before the DEI craze, less than half of the companies in the S&P 500 had chief diversity officers on staff. By 2022, over 75 percent of them did.
Additionally, nearly overnight, the DEI industry increased by a whopping $3.4 billion in 2020.
But now, searches for those same positions have dropped a significant 75 percent over the last 12 months. Additionally, it was reported by Blaze Media that those DEI officers experience a turnover that is some 40 percent higher than their human resources counterparts.
And since the Supreme Court just overturned affirmative action, that number is only likely to skyrocket as companies and educational institutions begin dropping the practice of hiring or accepting students on the basis of race, gender theory, or some other equally whacked-out and woke ideology.
Leftists might not be too happy about the trend, but it’s one that, if continued, will make for a much better, not to mention more inclusive, nation. Perhaps then, people won’t be so ready to throw stones at the first sign of having their differences pointed out and labeled.