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These 11 major companies caved to the far right and stopped DEI programs (www.advocate.com)

submitted 5 days ago by [email protected] to c/[email protected]

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[–] grue 1 points 4 days ago

The company is mostly owned by institutional investors.

This is an (unintentional) euphemism for "the company is mostly owned by regular middle-class folks via the mutual funds in their retirement accounts, but the Vanguard/Blackrock/Fidelity/etc. fund managers have stolen their shareholder voting rights."