Apple fights back against shareholders who want to end DEI hiring

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Apple fights back against shareholders who want to end DEI hiring
Author: news@appleinsider.com (William Gallagher)
Published: Jan, 13 2025 12:26

Apple Park. Ahead of its annual shareholders meeting, Apple has asked investors to vote against a proposal that the company should abandon its diversity hiring practices. Apple's 2025 shareholders' meeting is on February 25, and as ever will be a mix of regular business and accounting issues, plus proposals by the various shareholders. These proposals have proved controversial before, even Apple usually gets the votes it wants, but this time a topic will be DEI.

As firms including Meta scale back or abandon their Diversity, Equality, and Inclusion (DEI) hiring, Apple says that it wants to continue. According to BBC News, shareholders in the National Center for Public Policy Research (NCPPR) say that DEI policies expose firms to "litigation, reputational and financial risks.".

However, in a note to investors, Apple says that its board recommends voting against the proposal. "At Apple, we believe that how we conduct ourselves is as critical to Apple's success as making the best products in the world," it says. "And we strive to create a culture of belonging where everyone can do their best work.".

Addressing the issues over potential litigation, the note says that it is unnecessary to close its DEI policies "as Apple already has a well-established compliance program.". Apple further claims that this proposal "inappropriately attempts to restrict" the company and in particular over how it is "is an equal opportunity employer and does not discriminate in recruiting, hiring, training, or promoting on any basis protected by law.".

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