Citi becomes latest US company to abandon diversity targets

Citigroup is scaling back diversity initiatives, no longer setting representation goals or requiring diverse candidate slates. The bank’s move follows a trend of companies retracting diversity, equity, and inclusion targets in response to Donald Trump’s return to the White House. Citi’s changes come just months after emphasizing the importance of DEI, with the bank now renaming its team and adjusting its approach amid evolving diversity initiatives across US institutions.

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