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  • A recession will test the firms which used diversity plans merely as a way to look good


    RadioRob
    640162 origin 1
    640162 origin 1
    Published by
    City AM

    By Sascha O’Sullivan When the going gets tough, cultural roles get going. In June, Elon Musk told Tesla employees that 10 per cent of the workforce was going to be cut, as a result of his “super bad feeling” about the economy. Amongst those let go were Tesla’s LGBTQ+ community President and several diversity and inclusion programme leads. Mass redundancies have ripped through organisations as global economies brace themselves for a recession; tech companies laid off seven times as many employees in May as they did in the first four months of this year combined. The steep economic downturn and …

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