In his annual letter to JPMorgan shareholders, CEO Jamie Dimon did not mention 'diversity' or 'inclusion' for the first time, despite their prominence in previous communications. The absence may reflect the rollback of DEI initiatives under the political climate since Trump's presidency. While Dimon's 2024 letter defended DEI work, the current letter emphasizes 'equal opportunity' instead, signaling a notable change in the company's messaging. The shift comes amidst scrutiny and challenges facing corporate diversity initiatives at large.
In Dimon's Monday letter to shareholders, he used the phrase 'equal opportunity' numerous times, emphasizing that our values transcend any political stance, urging a unified focus on work.
Last year, Dimon's letter mentioned 'diversity' five times, but this year it didn't appear once. Neither did 'inclusion', reflecting a significant shift in focus amid a challenging political climate.
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