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by maldev 1343 days ago
This isn't meant to target hires. It's meant to target investments which fuels alot of this. It's complicated legal stuff, and i'm just an engineer, but I think they're tackling from the mindset of "If you didn't invest in this company because it's not diverse enough, but it met every other metric on the good investment scale, then the company doing the investment went against the goals of their shareholders(more $$). The idea is that alot of the companies doing this are doing it for investments from outside parties, so by removing that incentive it should stop it.