Paramount is scaling back on certain policies designed to increase diversity within their organization, which is part of a broader trend in the private sector reducing efforts focused on Diversity, Equity, and Inclusion (DEI), largely influenced by the Trump administration’s stance.
The memo reveals a shift in policy, with the company no longer linking employment objectives to race, ethnicity, sex, or gender. Additionally, they will discontinue gathering diversity and gender data from most U.S. job candidates, and will no longer tie their employee incentive program to Diversity, Equity, and Inclusion (DEI) targets. This decision is attributed to recent administrative policies, the Supreme Court’s ruling last year that race-conscious admissions in universities are unconstitutional, and federal regulations that necessitate changes in how the company handles inclusivity going forward.
The memo addressed to co-CEOs Brian Robbins, George Cheeks, and Chris McCarthy stated, “To excel as storytellers and maintain our success, we require a skilled, dedicated, and innovative workforce that mirrors the diverse viewpoints and experiences of our varied audiences. Our company culture emphasizes values such as inclusivity and teamwork, which will remain integral.”
Or alternatively,
In the memo sent to Brian Robbins, George Cheeks, and Chris McCarthy, it was stated that “To continue being top-notch storytellers and driving success, we need a workforce that is talented, committed, and imaginative. This team should reflect our diverse audience’s perspectives and experiences. Our company culture values inclusivity and collaboration, which will remain essential.
The memo indicated that DEI (Diversity, Equality, and Inclusion) programs will be consistently assessed to “broaden our viewpoint and attract a diverse range of skills from various regions, upbringings, and viewpoints.” It also hinted at the possibility of extending other undisclosed projects.
Paramount’s revised approach to its DEI (Diversity, Equity, and Inclusion) policies mirrors a trend among companies in scaling back or eliminating their DEI programs, as some government officials criticize diversity initiatives. On his first day in office, Trump issued a broad executive order that curtailed federal DEI efforts. More recently, the Department of Justice announced it would instruct prosecutors to penalize and eradicate what they call “illegal” DEI mandates across private industry. Businesses are facing potential legal risks, with some choosing to abandon their diversity programs entirely.
The memo was distributed to staff members because regulators are examining Paramount’s planned merger with Skydance. Commissioner Brendan Carr from the FCC, who recently wrote a letter to Comcast expressing his intention to investigate DEI policies, has claimed that the agency has jurisdiction over the transaction due to the transfer of broadcast licenses.
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2025-02-27 02:54