The Walt Disney Company will be modifying its diversity, equity, and inclusion (DEI) programs, which will now turn more to business outcomes, Axios reported on Tuesday citing a note sent to employees it obtained.
According to the note, the "Diversity & Inclusion" performance factor, evaluating executive compensation, will be replaced by the "Talent Strategy" factor, which looks at how values drive business success. Furthermore, the Reimagine Tomorrow initiative will be axed, while "Business" Employee Resource Groups (BERGs) are being rebranded as "Belonging" Employee Resource Groups.
Some sources also told Axios that the previous advisory disclaimers would be reworded.
