{"id":1913581,"date":"2023-04-12T09:42:25","date_gmt":"2023-04-12T13:42:25","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/u-s-corporations-cut-dividends-and-employees-while-dumping-billions-into-race-hustling-groups\/"},"modified":"2023-04-12T09:44:23","modified_gmt":"2023-04-12T13:44:23","slug":"u-s-corporations-cut-dividends-and-employees-while-dumping-billions-into-race-hustling-groups","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/u-s-corporations-cut-dividends-and-employees-while-dumping-billions-into-race-hustling-groups\/","title":{"rendered":"U.S. Corporations Cut Dividends And Employees While Dumping Billions Into Race-Hustling Groups"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fu-s-corporations-cut-dividends-and-employees-while-dumping-billions-into-race-hustling-groups%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1913581&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"article-content\">\n<p>The first few years of the 2020s were marred by pandemic-related disruptions, forced lockdowns, layoffs, and the Black Lives Matter (BLM)-fueled riots, which Shareholders will also remember as a tempestuous time for the market. Many companies announced mass layoffs and made significant cuts to dividends and share buyback programs. For example, Disney&#8217;s last dividend date was on Dec. 12, 2019.<\/p>\n<p>However, our BLM-Funding Database shows that companies have made significant contributions and pledged over $83 billion to the BLM movement and related causes following the death of George Floyd. According to McKinsey and Company, our figure is conservative, and companies have committed over $340 billion to these causes\u2014a substantial amount compared to the $411 billion estimated by the World Bank to reconstruct Ukraine&#8217;s economy. <\/p>\n<p>Our database tracking contributions and pledges to the BLM movement and related causes is full of companies prioritizing racial justice over their shareholders and employees&#8217; welfare. For instance, AT&#038;T, a Texas-based telecommunications giant, made headlines in 2021 for its racist, anti-white &#8220;diversity, equity, and inclusion&#8221; programs. However, in June 2020, at the height of the pandemic and riots, AT&#038;T laid off 3,400 employees and shut down more than 250 retail stores. In 2022,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most Americans will remember the first few years of the 2020s for the pandemic, the lockdowns, the layoffs, and the Black Lives Matter (BLM)-fueled riots. Shareholders will also remember them as a tempestuous time for the market. Many companies announced mass layoffs and cuts to dividends and share buyback programs. For example, Disney\u2019s last dividend<\/p>\n","protected":false},"author":1888,"featured_media":1913582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[546],"tags":[11154,6372,9677,24198,6204,5183,24199,7238],"class_list":["post-1913581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-federalist","tag-billions","tag-corporations","tag-cut","tag-dividends","tag-dumping","tag-employees","tag-race-hustling","tag-u-s"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1913581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1888"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1913581"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1913581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1913582"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1913581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1913581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1913581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}