rescind corporate demographic reporting requirement
Definition
A policy or legislative action intended to repeal the obligation for businesses to disclose data concerning the gender, race, or ethnic composition of their workforce.
A move often framed as reducing administrative burden or 'red tape' for firms, while critics argue it limits transparency regarding workplace diversity.
Examples
The CEO toasted the board after the decision to rescind corporate demographic reporting requirement, noting that counting employees was far too distracting from their primary mission of avoiding all forms of self-reflection.
By choosing to rescind corporate demographic reporting requirement, the company bravely protected the right of their hiring statistics to remain a complete and utter mystery.
It is truly inspired to rescind corporate demographic reporting requirement, as it allows the firm to focus entirely on the diversity of its offshore tax havens instead.