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romellem | 1 year ago

Contrast Meta's stance with Costco's, when [Costco responded][1] to a shareholder that proposed Costco prepare a report on "the risks of the Company maintaining its current DEI roles, policies and goals."

  Our success at Costco Wholesale has been built on service to our critical stakeholders: employees, 
  members, and suppliers. Our efforts around diversity, equity and inclusion follow our code of ethics: 
  For our employees, these efforts are built around inclusion – having all of our employees feel valued and 
  respected. Our efforts at diversity, equity and inclusion remind and reinforce with everyone at our Company 
  the importance of creating opportunities for all. We believe that these efforts enhance our capacity to attract 
  and retain employees who will help our business succeed. This capacity is critical because we owe our 
  success to our now over 300,000 employees around the globe.
[1]: https://materials.proxyvote.com/Approved/22160K/20241115/NPS...

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cocacola1|1 year ago

Costco's always interested me as a company. Still the only place where I pay to be able to shop. It's a personal point of pride whenever I go there and spend less than $100.

m463|1 year ago

> It's a personal point of pride whenever I go there and spend less than $100.

so you make two trips?

kristianp|1 year ago

You can go almost anywhere and spend less than $100. What's to be proud of? I went to Tommy Hilfiger and spent < $100.

drak0n1c|1 year ago

Interestingly, Costco’s core business model and marketing is built on membership gatekeeping practices which have disproportionate exclusionary effects along class and race lines.

ericmcer|1 year ago

Did Costco ever have a diversity issue? I don't think people are worried about getting more representation among grocery store cashiers.

afavour|1 year ago

I don't see them as different to any other company, really. I could imagine diversity in their staff of buyers would be useful, for example, to ensure they're stocking products that represent the different desires of different groups.

brendoelfrendo|1 year ago

The diversity isn't for you the customer, it's for the employees and the kind of corporate environment Costco wants to build.

Edit to add: A better corporate environment, of course, does tend to lead to a better customer experience, but the "visibility of diversity" should not be the goal but rather "genuinely fostering an inclusive environment where people are respected and feel willing to put in their best work," and I think that shows at Costco.

spike021|1 year ago

perhaps it goes without saying but they don’t only employ front line store staff.

HDThoreaun|1 year ago

Costco employees were never called to testify at congressional hearings. They do not need to worry about pr and political pushback like meta does.

mcintyre1994|1 year ago

Trump hasn't specifically threatened to put their CEO in prison for life either, AFAIK.

caturopath|1 year ago

The subject matter is nominally the same, but I don't know how comparable I would guess the situations are. I 100% could see Meta making a very similar statement still today.

banku_brougham|1 year ago

Note the yaml formatted text string of their statement, very cs-forward (I assume newlines where stripped out by the web UI here.

nlarew|1 year ago

What are you talking about? A "yaml formatted string" is just a string. And the Costco shareholder meeting notes/ballots that the GP posted is not YAML either, it's a pdf.