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Citigroup joins corporate retreat from diversity initiatives
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Citigroup joins corporate retreat from diversity initiatives
Feb 20, 2025 1:01 PM

Feb 20 (Reuters) - Citigroup ( C/PN ) will no longer

require a diverse slate of candidates for job interviews, its

CEO said in a memo on Thursday, as corporate America contends

with a new business climate under President Donald Trump.

The bank will not have "aspirational representation goals"

except as required by local law, CEO Jane Fraser said. It will

also change the name of the "Diversity, Equity and Inclusion and

Talent Management" team to "Talent Management and Engagement".

The news was earlier reported by Bloomberg News and the

Financial Times.

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