Paramount is eliminating diversity-related staffing goals and ceasing the collection of employee demographic data, according to a Feb. 26 internal memo from co-CEOs George Cheeks, Chris McCarthy, and Brian Robbins. Despite this decision, the company stated it remains committed to attracting talent from diverse backgrounds. However, the move has sparked internal criticism, leading employees to issue an open letter expressing their disappointment.

In their memo, Paramount’s leadership cited executive orders from former President Donald Trump directing agencies to scrutinize private employers’ DEI programs. The co-CEOs argued that these policies necessitated compliance-driven changes. Additionally, the company is removing a qualitative DEI metric from its short-term incentive plan. Previously, 5% of funding was tied to DEI goals, but this will now be redirected to a Workforce Culture and Development initiative aimed at fostering an inclusive, high-performance culture.

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