Verizon Abandons DEI Policies as FCC Greenlights Major Acquisition
In a move reflecting the changing landscape of corporate policy, Verizon has chosen to discontinue its diversity, equity, and inclusion (DEI) initiatives, a decision that aligns with federal expectations and facilitates its latest business expansion. The Federal Communications Commission (FCC) recently approved Verizon’s $20 billion acquisition of Frontier Communications, a deal that promises to enhance internet infrastructure across 25 states, including rural areas, with fiber-optic technology reaching at least one million homes annually.
The FCC’s approval was notably influenced by Verizon’s strategic policy shift. In its announcement regarding the deal, the FCC highlighted Verizon’s commitment to ceasing DEI-related practices. This decision follows Verizon’s formal communication to the FCC, indicating an end to DEI incentives and the restructuring of its human resources department to focus on broader talent objectives.
Vandana Venkatesh, Verizon’s chief legal officer, stated in a letter to FCC Chairman Brendan Carr, “We are committed to creating a culture that leverages and values each person’s unique strengths and talents.” Venkatesh acknowledged the evolving regulatory context, noting, “However, we recognize that the regulatory and policy landscape surrounding diversity, equity, and inclusion (‘DEI’) has changed.”
Verizon’s actions are part of a broader trend in corporate America, particularly among companies seeking government approval or operating as federal contractors. This shift has been accelerated by President Trump’s administration, which has taken a firm stance against DEI initiatives, evidenced by two executive orders aimed at dismantling these programs within the federal government.
Other companies have followed suit. T-Mobile, for example, similarly adjusted its DEI policies before receiving FCC approval for its acquisition of Lumos, a fiber operator. The FCC, under Carr’s leadership, has actively pursued inquiries into various organizations, including Comcast and Walt Disney Co., scrutinizing their DEI practices.
This trend extends beyond FCC-regulated entities; numerous corporations have discreetly abandoned DEI initiatives, as reported by NPR. The term “diversity” is being removed from public documents, reflecting a significant shift in corporate policy priorities.
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