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Fortune
Fortune
Paige McGlauflin, Trey Williams

Fortune 500 companies and CEOs react to end of affirmative action

(Credit: Douglas Rissing—Getty Images)

On Thursday, the U.S. Supreme Court struck down affirmative action in a landmark decision that essentially erases race-based admission at U.S. universities. The vote was 6-3 in one case against the University of North Carolina, with all three liberal justices dissenting. 

The decision will have major impacts on universities, which have tried to diversify their student bodies for the past few decades by allowing race to be considered a factor for admission. But the ramifications will go far beyond higher education, and major U.S. companies will also be dramatically affected. 

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