The Equal Employment Opportunity Commission (EEOC) has sued Nike Inc. (NYSE:NKE) in a Missouri federal court on Wednesday, seeking to force the company to turn over information tied to alleged discrimination against white employees under its Diversity, Equity, and Inclusion (DEI) initiatives.
The agency is asking for details on Nike’s layoff criteria, its use of race and ethnicity data, and programs that allegedly limited mentoring, leadership, or career development opportunities based on race.In 2022, Nike outlined a plan to build a more diverse workforce, linking part of executive pay to diversity goals, including increasing the share of women in leadership roles, reaching 30% racial minority representation at the director level and above, and lifting racial minority representation in its U.S. workforce to 35%.
Layoffs, Margins And Mounting Pressure
This investigation comes on the heels of …Full story available on Benzinga.com
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