Summary
Costco’s board rejected a shareholder proposal to end its diversity, equity, and inclusion (DEI) policies, arguing they foster respect, innovation, and cultural alignment with customers and employees.
Shareholders claimed DEI could lead to lawsuits citing “illegal discrimination” against white, Asian, male, or straight employees, referencing legal cases like Students for Fair Admissions v. Harvard.
Costco countered that its DEI efforts comply with the law and enhance its culture, rejecting claims of legal risk.
The proposal will be voted on at Costco’s January 23 shareholder meeting.
Like great that Costco shut this down, because of decency and what is right but also… good fucking god the bar is so low.
I also forgot to say that a new Costco recently went in in my city, bulldozed yet another black neighborhood. So excuse me while I see some PR covering up some structurally racist hubris. Like i said, the bar is exceedingly low.
If they were going to bulldoze an inner city neighborhood, it’s likely that neighborhood was going to be predominantly black whether they like it or not. The white flight phenomenon predates Costco by a wide margin, and that fuckery already happened decades ago. While there were already inroads to corralling the country’s black population in cities around the turn of the century, the ball really got rolling on that in the post-war period following WW2 with redlining, block busting, widespread segregation prior to the civil rights movement, and the white middle class retreating to the then-new suburbs.
It is in a first ring suburb, a suburb that is very multicultural. The black neighborhood is exactly like my jewish working class neighborhood. The developer used questionable blighting tactics to use TIFs. Racist tale old as time. Every time they think their project is the exception to being racist. Every time they know they are lying to themselves.
Well, okay. In that case, definitely fuck 'em.