Paramount Global Headquarters in New York on August 27, 2024.
Yuki Iwamura | Bloomberg | Getty Images
Paramount It will end many diversity, equity and inclusion policies, according to a memo obtained by CNBC, told its staff this week.
In a memo sent to employees on Wednesday, Paramount said it would Comply with President Donald Trump Executive Order The federal government is prohibited from practice and agencies are required to investigate private companies’ DEI programs.
Coos Ceos George Cheeks, Chris McCarthy and Brian Robbins quoted the memo’s executive order, and Supreme Court and federal authorization as the driving force for policy changes in media giants.
In these changes, the company said “the ideal numerical goals related to race, race, gender or gender hiring will no longer be set or used.” Paramount also said it ended its policy to collect such statistics for U.S. job seekers on forms and career pages unless the market is legally required to do so.
“To be the best storyteller and continue to succeed, we must have a highly talented, dedicated and creative workforce that reflects the views and experiences of many of our diverse audiences. Values such as inclusion and collaboration are part of Paramount culture and will continue to be,” Co-Ceos wrote in MEMO. ”
They added that they will continue to evaluate their policies and seek talent from a variety of contexts.
Paramount is involved in many diversity, equity and inclusion efforts. it Donate 2020 resulted in millions of dollars in racial justice following the murder of George Floyd police officers and touted initiatives such as supplier diversity program and Changesa sport Overhaul Stories about racial equality and mental health. The company has held annually Inclusion Week Over the years, the office of global inclusion has been maintained.
“Diversity, equity and inclusion are the foundations of our business,” former CEO Bob Bakish said at Paramount’s 2023 Inclusion Week. Hollywood Reporter.
Paramount joins the company Walmart,,,,, Target and Amazon exist Roll backward Their DEI goals and policies in recent months. Others, such as Apple and Costco, are publicly available Defensive Even if the Trump administration escalates its attack on practice, it is committed to their position.
Since the president took office last month, media companies have taken various steps to deal with policy changes in the Trump administration.
Earlier this month Disney Changes to its DEI plan, which includes updates to performance factors and name change plans and employee resource groups, among others.
Around the same time, the public broadcaster PBS (as the recipient of federal funds) was more directly affected by Trump’s order than the company – Say it will close its DEI office. CNBC reports that DEI employees will exit the company in order to Comply with Trump’s executive orders.
Meanwhile, the Federal Communications Commission began investigation Comcast About its efforts. Trump’s executive order was signed on the first day of his tenure, directing federal agencies to identify and investigate “the most shocking and discriminatory DEI practitioners” in their departments. Comcast previously said in a statement that it will work with the investigation.
Disclosure: Comcast owns CNBC’s parent company NBCuniversal.
