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Barclays scraps diversity targets in US following Trump's stance
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Barclays scraps diversity targets in US following Trump's stance
Apr 8, 2025 6:43 AM

April 8 (Reuters) - Barclays ( JJCTF ) is scrapping its

diversity and inclusivity targets across the United States, the

bank said on Tuesday, becoming the latest British company to

abandon its inclusivity goals following the U.S. President's

opposition to them.

"Our representation ambitions for the rest of the group will

continue," a Barclays ( JJCTF ) spokesperson said in an e-mail to Reuters.

Companies across the globe are scaling back their

diversity, equity and inclusion (DEI) goals after President

Donald Trump issued executive orders cutting federal programs

aimed at supporting women, ethnic minorities, LGBTQ+ people and

other traditionally under-represented groups.

Bloomberg News reported the change in Barclays' ( JJCTF ) policy

earlier in the day.

(Reporting by Yamini Kalia in Bengaluru; Editing by Anil

D'Silva and Shailesh Kuber)

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