Jpmorgan chase & Co. It changes the name of its program of diversity, equality and inclusion at a time when Dei attacked President Donald Trump’s administration.
The largest American bank will now call the initiative diversity, opportunity and on or Doi, the main operating director Jenn Piepzak said in a staff memorandum on Friday, “because” E “always meant the same opportunity for us, not the same outcomes, and we believe that this is more precisely reflecting our current approach to reach most of our customers and clients.”
Ever since he assumed his duty in January, Trump has signed a number of executive commands aimed at removing dei from the Government, Federal performers and beyond, subcommunicating agencies and corporations to delete the mention of such websites and eliminate his dei teams.
“We have always been dedicated to employment, compensation and promotion based on merit; we do not have illegal quotas or pay incentives, and we would never distract someone for their political or religious beliefs or for who they are,” Piepzak said in a memoranda. “We are not perfect, but we are proud to constantly challenge ourselves and lift the tape.”
The New York headquarters said that her groups of employees will continue to focus on engagement, cultural celebrations, education and historical observations. JPMORGAN plans to “reduce trainings while maintaining focus on high quality offers,” the letter said.
Memo reported Reuters earlier on Friday.
This story is originally shown on Fortune.com
