Several major companies are scaling back their participation in Pride events amid increasing political pressure from the Trump administration targeting diversity, equity, and inclusion initiatives, according to The New York Times.
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Fourteen major corporations have scaled back or withdrawn sponsorship of LGBTQ+ Pride events, sparking debate on corporate support for the community amid shifting social and economic priorities.
Pride events across the US are confronting budget shortfalls as major corporations withdraw financial support ahead of summer celebrations, raising concerns over funding for LGBTQ+ community programming.