DEI Momentum Is Slowing in the Workplace

Concerns about the economic slowdown have started to impact DEI initiatives by reducing resources supporting these efforts and shifting company priorities away from DEI initiatives toward profitability. However, supporting DEI initiatives during a recession is critical to long-term profitability because these initiatives can drive innovation and productivity, better connect companies with customers, and improve a company's reputation and brand. Unfortunately, recessions can also exacerbate existing inequalities, particularly for underrepresented groups. Pulling resources now will only undercut the unprecedented momentum that started in 2020.