Microsoft reportedly shut down a major diversity, equity, and inclusion team, and the team's former lead sent an internal email accusing the company's executive leadership of "investigated and evidenced discrimination, harassment, and toxicity." The email stated that the lead's role and team were eliminated due to "changing business needs." The email asserts that DEI programs are dangerous across businesses as some see the work as no longer being "business critical." Microsoft had pledged to increase representation and invest $150 million in DEI initiatives by 2025.
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00:00It's Benzinga, and here's what's on the block.
00:02Microsoft reportedly shut down a major diversity, equity, and inclusion team,
00:06and the team's former lead sent an internal email accusing the company's executive leadership
00:11of investigated and evidenced discrimination, harassment, and toxicity.
00:15The email stated that the lead's role and team were eliminated due to changing business needs.
00:20The email asserts that DEI programs are in danger across businesses,
00:24as some see the work as no longer being business-critical.
00:28Microsoft had previously pledged to increase representation
00:31and invest $150 million in DEI initiatives by 2025.
00:34For all things money, visit Benzinga.com.