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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
NewslettersFortune CHRO

DEI under Donald Trump—here’s what HR leaders and experts think will happen over the next 4 years

By
Emma Burleigh
Emma Burleigh
and
Brit Morse
Brit Morse
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By
Emma Burleigh
Emma Burleigh
and
Brit Morse
Brit Morse
Down Arrow Button Icon
November 8, 2024, 8:31 AM ET
Donald Trump
Here's how experts say Trump's election will impact DEI. Getty Images

Good morning!

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Donald’s Trump reelection has touched off a flurry of questions about what his presidency means for various policies, including immigration, taxes, reproductive rights, and healthcare. But HR leaders across the country are wondering how it will impact one issue in particular: DEI.  

The past year has already seen a significant rollback of DEI efforts after mounting criticism from right-leaning commentators and business leaders. Some organizations, including Ford, Lowe’s, John Deere, and Tractor Supply, have all dialed down their initiatives. And in the face of a conservative president, people leaders are questioning whether Trump’s second term will only deepen the DEI chill. 

“I do think some companies are going to start to use the rhetoric we’ve heard from Trump over the last year to step away from some of these things,” Paul Wolfe, the former CHRO at Indeed, Match.com, and Conde Nast, tells Fortune. “I think this is another thing that will only get harder for DEIB professionals and HR professionals to deal with.”

Fortune spoke with professors, lawyers, and diversity leaders to get their take on what they’re expecting from the next four years when it comes to DEI under a Trump presidency. They say that legal battles will intensify, and companies will become more cautious about how they discuss their programs. 

“We’ve seen cases where public statements about DEI have been twisted into grounds for lawsuits, EEOC claims, or social media backlash,” attorney Annette Tyman tells Fortune. “As a result, some employers are becoming more cautious about how they talk about DEI, particularly in written external communications.”

But the bigger-picture shift could be a widening corporate divide between companies who walk away from their DEI efforts, and those that choose to dig in and defend them. Nicole Ridley, head of operations at the Financial Alliance for Racial Equity (FARE), tells Fortune that companies should get very clear on what their DEI efforts actually are, the value they bring, and be ready to explain that to whoever comes knocking.  

“We as DEI leaders across sectors will need to step up now more than ever into advocacy and educator roles to provide the tangible corporate benefit—from business development to bottom-line profits—and ensure that these roles and initiatives are not washed away,” she says.

You can read the full story about what experts are expecting under a second Trump presidency here.

Brit Morse
brit.morse@fortune.com

Emma Burleigh
emma.burleigh@fortune.com

Around the Table

A round-up of the most important HR headlines.

Trump’s impending return to the White House sent organizations scrambling to figure out the right message to convey to staff. Many missed the mark. Bloomberg

Nissan has cut 9,000 jobs along with CEO pay as it suffers from a decline in sales. New York Times

The highly sought-after H1-B work visas program may be threatened under a new White House administration. Bloomberg Law 

Watercooler

Everything you need to know from Fortune.

Foaming at the mouth. Wall Street, believing Trump’s second term in office will lead to a flurry of new deals, hopes the election will drastically turn around the slumping M&A market. —Paolo Confino 

Staying mum. Workers at tech company Block have been told not to discuss the fact that Jay-Z is on the board. —Kali Hays  

Pick a team. Do insider CEOs perform better than outsiders? Two major retailers have recently made opposite choices. —Phil Wahba

This is the web version of Fortune CHRO, a newsletter focusing on helping HR executives navigate the needs of the workplace. Sign up to get it delivered free to your inbox.
About the Authors
Emma Burleigh
By Emma BurleighReporter, Success

Emma Burleigh is a reporter at Fortune, covering success, careers, entrepreneurship, and personal finance. Before joining the Success desk, she co-authored Fortune’s CHRO Daily newsletter, extensively covering the workplace and the future of jobs. Emma has also written for publications including the Observer and The China Project, publishing long-form stories on culture, entertainment, and geopolitics. She has a joint-master’s degree from New York University in Global Journalism and East Asian Studies.

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Brit Morse
By Brit MorseLeadership Reporter
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Brit Morse is a former Leadership reporter at Fortune, covering workplace trends and the C-suite. She also writes CHRO Daily, Fortune’s flagship newsletter for HR professionals and corporate leaders.

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