Citigroup Ending DEI Program

Citigroup’s decision follows similar actions taken by major companies including Meta, Goldman Sachs, and Target.
Citigroup Ending DEI Program
A sign for CitiBank on a window in Manhattan on March 1, 2024. Spencer Platt/Getty Images
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Citigroup is rolling back employment diversity initiatives, CEO Jane Fraser said in a Feb. 20 memo, following similar actions taken by major companies as corporate America navigates a shifting business climate.

“The recent changes in U.S. federal government policy, including new requirements that apply to all federal contractors, call for changes to some of the global strategies and programs we’ve used to attract and support colleagues from various backgrounds,” Fraser said.

Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.