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The fight is in the C-suite

NY Times: https://www.nytimes.com/2024/01/04/business/dealbook/claudine-gay-dei-esg.html

The Gay Controversy, the Cuban-Momentum Debate, and Dr. I.E.I. in the Age of Technological Change

Meanwhile, Gay defended herself and attacked her critics. In a Times Opinion guest essay, the former Harvard president writes that her ouster was about more than the plagiarism allegations against her. The bigger issue, she contends, is fear of generational and cultural change at top institutions:

Others are pushing back. The billionaire entrepreneur Mark Cuban challenged Musk in a series of posts on X, defending the three principles of D.E.I. as good for business:

Having now seen how quickly the truth can become a casualty amid controversy, I’d urge a broader caution: At tense moments, every one of us must be more skeptical than ever of the loudest and most extreme voices in our culture, however well organized or well connected they might be. Too often they are pursuing self-serving agendas that should be met with more questions and less credulity.

In other university news, Sally Kornbluth, M.I.T.’s president who also faces calls to resign, announced four focuses for the school, including better understanding of free speech on campus and ensuring the efficacy of D.E.I. programs. Harvard’s governing body leader is resisting calls to resign in the Gay controversy.

A judge’s order to ban smoking guns in Xerox and its impact on the global company and the company’s workforce. The case of Andrew

There are a number of people mentioned in the new documents. The documents were released as part of the judge’s order and included people including Bill Clinton, Donald Trump and Prince Andrew of Britain. (Neither Clinton nor Trump has been accused of committing crimes; Andrew settled a lawsuit by an accuser.) Few new smoking guns were revealed in the documents.

The employees who were fired were critical of the Musk. Eight workers who had circulated a letter calling on the company to distance itself from Musk’s social media posts, were wrongly dismissed, according to the National Labor Relations Board. The case will go to a hearing in March.

There will be a number of Xerox jobs that will be cut. The company will lay off 15 percent of its global work force and name a new leadership team, as it pivots toward business services and away from its core line of selling photocopiers. Shares in Xerox fell more than 12 percent on Wednesday on the news.

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