Is the era of the corporate DEI officer coming to an end?
Barely three years after the death of George Floyd, it appears the era of the corporate DEI officer is rapidly coming to an end. Or at least experiencing a major contraction. Across American business, the number of Diversity, Equity and Inclusion roles grew by 55 percent following the protests of summer 2020, reported the Society of Human Resource Management. At the start of 2022, the entire DEI “industry” was worth an estimated $9.4 billion. In 2023, it’s a very different story. According to the workplace trends consultancy Revelio Labs, DEI jobs shrank by one-third last year. The key problem with the DEI industrial complex is not the idea that American workplaces should be more representative of America — but the means often used to achieve those ends.