Walmart CEO says more work to be done on racial equity
May 27, 2021
Walmart is among the retailers and brands that have stepped up efforts to address racial bias and provide opportunities for its employees and vendors. “The structures of systemic racism are complex and deeply ingrained in society,” said Walmart CEO Doug McMillon. “There are no simple answers to these challenges. There’s always more to do and so leaders need to ask themselves and their organizations if they can be doing more. And we must continue to go forward with a sense of urgency.”
Recent News
Spotify Faces Disruptions After Layoffs
During Spotify’s recent earnings call, CEO Daniel Ek acknowledged that the company’s decision to lay off employees last December had a more substantial impact on operations than initially anticipated.
Clear’s Airport Line-Skipping Faces California Scrutiny
Clear, a biometric scanning service, lets travelers skip airport security lines for $189 a year. Now, California lawmakers are pushing back against its expansion.
Walgreens Broadens Specialty Pharmacy Services for Cell and Gene Therapies
Walgreens revealed its plans to collaborate directly with drug manufacturers to provide cell and gene therapies to patients in the U.S.
Meta’s Threads Has 150 Million Monthly Active Users According to Mark Zuckerberg
Meta’s Threads, which entered the market to compete with the likes of X, is growing at a robust rate.