Costco shuts down shareholders demand to ditch DEI hiring practices

www.independent.co.uk

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Costco shuts down shareholders demand to ditch DEI hiring practices

www.independent.co.uk

@MicroWave to

NewsEnglish • 10 days ago

156

‘Our Board has considered this proposal and believes that our commitment to an enterprise rooted in respect and inclusion is appropriate and necessary,’ Costco stated

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.

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@NotMyOldRedditName
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edit-2
10 days ago
The founder threatened Jelineks life if he ever charged more for the $1.50 hotdogs.

Edit:and by extension any future CEO
- @ikidd
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  5•10 days ago
  Hahaha, good for him.

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