{*}
Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024 November 2024 December 2024 January 2025 February 2025 March 2025 April 2025 May 2025 June 2025 July 2025 August 2025 September 2025 October 2025 November 2025 December 2025 January 2026 February 2026 March 2026 April 2026 May 2026 June 2026 July 2026 August 2026
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
20
21
22
23
24
25
26
27
28
29
30
31
News Every Day |

Corporation targeted by Brandon Gill digs in on 'diverse workforce' after firebrand opens DEI probe

FIRST ON FOX: A multibillion-dollar global corporation that House Republicans accused of peddling misleading claims about diversity in the workplace is sticking by its findings.

Rep. Brandon Gill, R-Texas, who leads a House Oversight Committee task force on "exposing institutional abuses," targeted consulting firm McKinsey & Company over a series of reports it released that argued diversity in the workplace led to better business and financial outcomes.

"These McKinsey reports have been highly influential, being cited by publicly traded companies, asset managers, proxy advisory firms, and banking institutions, among others, as cause for embedding illegal racial and sex-based targets into hiring, promotion, executive compensation, and asset manager proxy voting policies," Gill wrote in a letter sent Monday and first reported by Fox News Digital.

A spokesperson for the company told Fox News Digital on Tuesday that it agreed with Gill "that race and gender should not guarantee outcomes," but added, "We stand by our research on the business and economic impact of a diverse workforce."

SENATE REPUBLICAN PUSHES MERIT-BASED MILITARY PROMOTIONS, TARGETS BIDEN-ERA DEI POLICIES

"We also recognize that diversity in the workplace encompasses a broad range of backgrounds, experiences and perspectives. We have and will continue to follow the law in the U.S. and in the other markets in which we operate," the spokesperson said.

Gill wrote in his letter that McKinsey's reports were "highly influential in American corporations" and provided fuel for left-wing groups pushing race and gender-based diversity goals.

"With the support of the previous administration, progressive activists cited McKinsey’s reports to push companies, governments, and stock exchanges to implement rules which forced or incentivized illegal corporate racial or gender-based hiring and disclosure policies," he wrote.

NEW YORK TIMES SUED BY FEDERAL GOVERNMENT OVER ALLEGED 'DEI-RELATED' EMPLOYMENT DISCRIMINATION

Gill also questioned whether the findings of the reports were legitimate.

"Although in 2024 McKinsey stated that it 'stands by its findings,' other researchers have found zero statistical correlation between a company’s gender and racial diversity and its financial performance," the letter said. "Racial discrimination in the employment context, including under the guise of DEI, has been pervasive despite being plainly illegal for over half a century."

Gill cited a 2026 White House Economic Report that said DEI initiatives cost the U.S. economy roughly $94 billion in 2023.

He also pointed out that four reports published by McKinsey between 2015 and 2023 argued that companies with increased racial and gender diversity financially outperformed companies without it.

"Researchers assessing the McKinsey DEI studies cannot recreate the results and also find that McKinsey likely swapped the cause and effect of its DEI conclusions," Gill wrote. "The Executive Office of the President has identified $94 billion in annual economic costs to the U.S. economy due to promotion of otherwise illegal race and gender-based hiring practices, perhaps in part motivated by the findings of McKinsey’s DEI reports that are partially inaccurate or wholly incorrect."

McKinsey's corporate website states, "The business case for gender equality, diversity, and inclusion is strong and growing stronger." The website estimated that the national GDP would go up by $12 trillion if the workforce gender gap is narrowed by 2025, but no update appears to be provided. Another statistic cites $2 billion in additional revenue "if financial inclusion efforts broaden services for black Americans."

Fox News Digital reached out to Gill for comment on McKinsey's response to his probe.

Ria.city






Read also

Sophie Cunningham supporters open up on encounter with security, pro-trans fans in latest WNBA culture clash

Anti-socialism push can flip battlegrounds, Republican leader bets as party fights to hold House

Two planes blow tires while landing at major US airport hours apart, FAA investigating

News, articles, comments, with a minute-by-minute update, now on Today24.pro

Today24.pro — latest news 24/7. You can add your news instantly now — here




Sports today


Новости тенниса


Спорт в России и мире


All sports news today





Sports in Russia today


Новости России


Russian.city



Губернаторы России









Путин в России и мире







Персональные новости
Russian.city





Friends of Today24

Музыкальные новости

Персональные новости