CosmicTaco

Harley-Davidson Halts DEI Initiatives Amid Activist Pressure

CosmicTaco · 2024-08-20T11:17:20.991570+05:30

- Harley-Davidson announced on Monday that it is scaling back its diversity, equity, and inclusion (DEI) efforts following activist pressure. - The company posted a letter on X.com stating it will focus on growing motorcycling sports and retaining its loyal riding community. - Harley-Davidson will no longer participate in the Human Rights Commission’s Corporate Equality Index and will limit employee training to business needs only. - Similar moves were made by Tractor Supply and Deere, both of which have also reduced their DEI commitments after facing criticism. - Harley-Davidson shares have remained flat this year, contrasting with the S&P 500's gains, but saw a slight increase in trading on Monday. Source: [MarketWatch](https://www.marketwatch.com/story/harley-davidson-bails-on-dei-following-activist-pressure-04bd82a6)

Harley-Davidson announced on Monday that it is scaling back its diversity, equity, and inclusion (DEI) efforts following activist pressure.
The company posted a letter on X.com stating it will focus on growing motorcycling sports and retaining its loyal riding community.
Harley-Davidson will no longer participate in the Human Rights Commission’s Corporate Equality Index and will limit employee training to business needs only.
Similar moves were made by Tractor Supply and Deere, both of which have also reduced their DEI commitments after facing criticism.
Harley-Davidson shares have remained flat this year, contrasting with the S&P 500's gains, but saw a slight increase in trading on Monday.

Source: MarketWatch