In the aftermath of George Floyd’s tragic death in 2020, conversations around racial justice and diversity took center stage globally, prompting industries, including the beauty sector, to reevaluate their commitment to diversity, equity, and inclusion (DEI). Four years later, we’re taking a closer look at whether these industries have lived up to their promises or if the momentum for change has started to wane. Opening Statistics: A Wake-Up Call Recent reports show a worrying trend about diversity efforts in big companies. A LinkedIn study looked at more than 500,000 top-level job hires from 2019 to 2022 and found that fewer companies were hiring Chief Diversity Officers in 2022. This was a change because, in the two years before, a lot more of these jobs were being created. This drop in diversity jobs didn’t happen for other top-level positions, which makes it stand out more. Also, a survey from Glassdoor showed that a bit fewer companies were working on diversity programs in 2022—41%, down from 43% the year before. Another report from Revelio Labs backed this up, saying that jobs focused on diversity were cut faster than other kinds of jobs, especially when companies were laying people off. Change After George Floyd: The Beauty Industry’s Response The beauty industry, a powerful influencer of cultural norms and aesthetics, initially responded with promises of change. Companies like Glossier committed to fighting racism through donations and promised to showcase more diverse models and broaden […]