Goldman Sachs have become the latest company to scrap their diversity programmes following the Trump administration’s signing of an executive order which was aimed at ending "radical and wasteful government DEI [diversity, equity, and inclusion] programs".
However, when probed over whether businesses were suddenly changing policies around diversity due to the White House’s position, Richard Gnodde, Goldman Sachs vice chair, said: "I can only speak for ourselves, I don't think that's the case,” instead explaining the company felt “that [DEI] policy was put in place to try and drive a change in behaviour and I think that's happened."
