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bucolic_frolic

(47,622 posts)
Wed Dec 18, 2024, 09:37 AM Dec 18

Fund Opposing DEI-Hiring Goals Targets Nike, Kraft and Autodesk

Source: Bloomberg

Fund Opposing DEI-Hiring Goals Targets Nike, Kraft and Autodesk

(Bloomberg) -- A new investment fund that plans to oppose corporate DEI hiring goals is taking aim at Nike Inc., Kraft Heinz Co. and Autodesk Inc.

Azoria Partners’ fund says it will avoid S&P 500 companies with specific diversity, equity and inclusion hiring objectives when it opens in March. Nike, Kraft Heinz and Autodesk fall into this category, according to an internal memo from the fund seen by Bloomberg News.

Co-founder James Fishback said earlier this month during Azoria’s launch at President-elect Donald Trump’s Mar-a-Lago resort that he has already spoken with Starbucks Corp. about their DEI targets.

Black, indigenous, people of color and Hispanic Americans “are plenty qualified on their own,” Fishback, 29, said in an interview, adding that his mother is Hispanic. “They don’t need handouts. They don’t need shortcuts.”

~snip~

Robby Starbuck, the music-video-director-turned-right-wing-provocateur, is among the most vocal opponents of the DEI movement. He has pushed more than a dozen companies, including Walmart Inc., Toyota Motor Corp. and Harley-Davidson Inc., to change their DEI programs in the past year.


Read more: https://finance.yahoo.com/news/fund-opposing-dei-hiring-goals-150000259.html



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Fund Opposing DEI-Hiring Goals Targets Nike, Kraft and Autodesk (Original Post) bucolic_frolic Dec 18 OP
How fucking dare they? The entitlement of these people is monstrous. Scrivener7 Dec 18 #1
and elections have consequences... cadoman Dec 18 #2
Fishhead is 29; Starsuck is 36. Where do they learn this greed? THis hate? F them both. CurtEastPoint Dec 18 #3
Destroy hedge funds lonely bird Dec 18 #4
Ha! Avoiding is not "targetting". There are lots of companies. Their efforts won't move the needle, but Bernardo de La Paz Dec 18 #5

cadoman

(972 posts)
2. and elections have consequences...
Wed Dec 18, 2024, 09:58 AM
Dec 18

It's vomitous that a fund like this even exists.

Heaven forbid that oppressed peoples have a fair shot at "white jobs".

CurtEastPoint

(19,229 posts)
3. Fishhead is 29; Starsuck is 36. Where do they learn this greed? THis hate? F them both.
Wed Dec 18, 2024, 10:03 AM
Dec 18
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lonely bird

(1,972 posts)
4. Destroy hedge funds
Wed Dec 18, 2024, 11:03 AM
Dec 18

Make them illegal.

These people serve no purpose. They consume resources and produce nothing. They are viruses and must be treated as such.

Bernardo de La Paz

(51,286 posts)
5. Ha! Avoiding is not "targetting". There are lots of companies. Their efforts won't move the needle, but
Wed Dec 18, 2024, 11:06 AM
Dec 18

... they may get a large portion of their customers being MAGA suckers who will pay a bit more and get a bit less return for the privilege of "owning the libs" by not owning their stocks.

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