CHANGE: Banks, Law and Consulting Firms Are Watering Down Their Diversity Recruiting Programs.

White-collar companies that once championed programs to recruit diverse employees are now tiptoeing away from them.

PricewaterhouseCoopers and JPMorgan Chase are among those that recently removed or altered descriptions of their programs for underrepresented students. The shift came after an “anti-woke” movement took aim at U.S. companies and a Supreme Court decision overturned affirmative action in college admissions.

Employers’ embrace of diversity, equity and inclusion initiatives peaked in 2021, sparked by the death of George Floyd and the height of the Black Lives Matter movement a year earlier. In the years since, access to diversity programs has been slowly declining, a Glassdoor study in April found.

Howell Raines, who had the famous Freudian Slip in 2001 that the New York Times’ hiring campaign “has made our staff better and, more importantly, more diverse,” won’t like this news at all.