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Politics : Formerly About Advanced Micro Devices
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To: RetiredNow who wrote (1239329)6/14/2020 2:55:35 PM
From: sylvester80  Read Replies (2) of 1574070
 
BOMBSHELL: RACIST Corporate America is facing a reckoning.
- Rachel Premack spoke with 14 current and former contributors or employees at Bon Appétit, all of whom identify as people of color, who described a "toxic" culture of microaggressions and exclusion. Not long after her story published, top Condé Nast executive Matt Duckor, who was head of video for Bon Appétit, left the company.

- Reformation's CEO and founder just resigned. Bethany Biron spoke to 12 current and former employees who claim the company has a "horrible" culture of racism that pushed out, silenced, and degraded Black employees.

- Refinery29's top editor stepped down after backlash over a lack of diversity and claims of "racist aggressions."

- Audrey Gelman stepped down as CEO of The Wing as employees staged a digital walkout criticizing the company for failing to "practice the intersectional feminism that it preaches."

- Lauren Johnson, Amanda Perelli, and Rachel reported that Digital Trends staffers are calling for 2 of the tech site's top execs to resign after photos from a 2018 "gin and juice" party circulated on social media.
- Shoshy Ciment got her hands on documents that show how Adidas is confronting racism internally by banning certain terms like "asset." Shoshy also reported that Adidas fired its head of US retail over a "violation of company policy" amid social-justice protests at the brand.

- Google has created a special task force to help improve the company's racial equity. A leaked memo reveals employees suggested more than 500 changes, Hugh Langley reported.

- Eugene Kim reported on Amazon emails that show execs are "still searching for answers" to addressing racism and police brutality.

- Ashley Stewart reported on internal messages showing Microsoft employees calling for leadership to take a firmer stand on the George Floyd protests.

- Weng Cheong reported that leaks of "disturbing" and "racist" comments from a LinkedIn staff meeting show the challenges facing diversity and inclusion efforts in corporate America.

- Paige Leskin reported that Snap CEO Evan Spiegel said in an internal meeting he doesn't release diversity numbers because it would reinforce the perception that Silicon Valley isn't diverse.

- Patrick Coffee and Sean Czarnecki reported that the world's two largest PR firms, Edelman and Weber Shandwick, pledged to hire more people of color in senior positions.The killing of George Floyd has triggered a round of urgent, necessary conversations across corporate America. Many companies have failed their BIPOC employees. As our reporting this week shows, employees are demanding their companies do more and be better.

Jennifer Eum asked 24 CEOs of companies like HP, Prudential Financial, Publicis Group, and Duke Energy what they were doing to address racial inequality and inclusion within their companies. Her story with Joe Williams has the five main takeaways. You can read their responses in full here.

We'll have ongoing coverage on this, and you can follow all of our stories right here.

Read on to hear from Dan DeFrancesco, who this week reported on how $3 billion Brex went from raising $150 million to slashing staff in just 10 days, and Ashley Rodriguez, who has been reporting on a rough start for mobile-video startup Quibi, which has raised $1.8 billion and is still looking for a breakout hit.
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