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Verizon Ends Diversity Programs Amid Federal Scrutiny for Acquisition

Verizon Communications terminates its diversity, equity, and inclusion programs following FCC probe, aiming to secure federal approval for its $20 billion acquisition of Frontier.

Overview

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Verizon Communications announced the immediate cessation of its diversity, equity, and inclusion programs in response to a Federal Communications Commission (FCC) investigation regarding compliance with civil rights laws. The decision affects employee training, hiring practices, and workforce diversity goals. FCC Chair Brendan Carr praised the move as a step toward equal opportunity and non-discrimination. This change comes as Verizon seeks approval for its $20 billion acquisition of Frontier Communications, a deal expected to enhance Verizon's market reach by adding 2.2 million fiber subscribers across 31 states and Washington, D.C.

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Verizon ended its diversity programs due to a Federal Communications Commission (FCC) investigation and pressure from FCC Chair Brendan Carr, which coincided with Verizon's pending acquisition of Frontier Communications.

Verizon will remove references to DEI in employee training, alter hiring practices, and eliminate workforce diversity goals, as well as drop a component of its management compensation plan related to diversity targets.

The acquisition is valued at $20 billion and is expected to enhance Verizon's market reach by adding 2.2 million fiber subscribers across 31 states and Washington, D.C.

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