A new approach to hiring is gaining traction across corporate America, challenging long-standing DEI initiatives: Merit, Excellence, and Intelligence.

Walmart has become the largest private company to announce it will be rolling back on promoting diversity initiatives.

Companies in the U.S. were already backing off on DEI, then Walmart entered the chat: This week the retail giant said it would cut back its diversity, equity and inclusion initiatives. Why it matters: Walmart is the largest private employer in the country,