Apple (AAPL, Financial) CEO Tim Cook has indicated that the company may need to alter its diversity practices due to changing U.S. legal environments. Recently, a majority of Apple shareholders voted against a proposal urging the company to reconsider its diversity policy, which includes considerations of race and gender in hiring decisions.
This development comes amidst broader pressures from political figures, such as former President Trump, who has pushed for the termination of diversity, equity, and inclusion (DEI) programs in both government and the private sector. Although Trump's order has faced legal challenges, many major U.S. companies, including Meta (META), Amazon (AMZN), and Goldman Sachs (GS), have already ceased or withdrawn their DEI initiatives, citing legal risks.
