1/22/2025–|Last updated: 1/23/202512:18 AM (Mecca time)
An article published by the Financial Times stated that since the announcement of Republican President Donald Trump’s victory in the elections last November, major companies have adopted a major shift in their usual approach, with the aim of aligning with Trump’s conservative positions.
This was demonstrated by abandoning diversity and inclusion initiatives, and withdrawing support from charities concerned with racial equality, which Trump has shown strong opposition to since his previous term. Examples of this include:
- Meta Company abolished content censorship policies that were intended to limit misinformation, and appointed Dana White, who is close to Trump, to its board of directors.
- Zuckerberg, CEO of Meta, and Tim Cook, CEO of Apple, also met with Trump at his headquarters in Florida, and announced donations to the President’s Inauguration Fund.
- Amazon has concluded a deal to produce a film about the life of Melania Trump, and has donated $1 million to the President-elect’s inauguration fund. Amazon founder Jeff Bezos personally reached out to Trump after his victory, declaring his support for policies to reduce regulations.
- Companies such as OpenAI and SoftBank have announced a massive artificial intelligence infrastructure project in the United States, called Stargate, at a cost of up to $100 billion, with the possibility of increasing it to $500 billion. This project aims to build vast data centers to support the next generation of artificial intelligence technologies, and has been praised by Trump as a sign of confidence in the American economy.
- Major consumer companies have also embraced sweeping changes, such as McDonald’s, which halted employee racial and gender equality training, and eliminated its own diversity goals and minority supplier engagement programs.
According to the political wave
The newspaper commented on this, “It is still unclear whether these transformations will last in the long term or whether they are just a temporary response, and these changes may change if the political environment changes or social pressures escalate.”
The massive changes in companies’ approaches have made them subject to severe criticism, with analysts describing this as a concession to the basic principles of political correctness, which threatens democratic, social and environmental values. It slows down global efforts to combat climate change.
Investment consultant Brad Lander commented on this – according to the Financial Times – by saying that companies’ submission to Trump is deeply troubling. We have seen many examples of this throughout history. This is how basic democracy weakens over time.
In the same article, the newspaper reported that during Trump’s inauguration, the presence of a number of CEOs of prominent technology companies was highlighted, considering that this presence indicates a shift in work culture, with the possibility of a decline in efforts related to diversity, inclusion, and remote work. Some experts believe that this trend may lead to a focus on freedom of expression and economic growth, which may reduce diversity and inclusion programs.
These developments reflect the efforts of major American companies to adapt to the new political climate, by adjusting their policies and strategies in line with the directions of the new president’s administration.