10 Companies Scaling Back Their DEI Programs

5. Walmart 

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In November 2024, Walmart made a notable change in its corporate direction by announcing the discontinuation of its racial equity training programs for employees and launching a review of its supplier diversity efforts, according to CNN. The company had previously focused on expanding its network of suppliers owned or managed by women, minorities, veterans, and LGBTQ+ individuals, but it now intends to reassess these initiatives.

Furthermore, Walmart revealed that it would halt funding for its five-year, $100 million Center for Racial Equity, which was established in 2020 to address systemic inequalities affecting African Americans in areas like education, health, and criminal justice. The retail giant also indicated that it would reconsider its involvement in Pride events and similar initiatives. Additionally, Walmart plans to oversee its online marketplace more closely, particularly removing products related to sexual or transgender themes that are marketed to children.

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