Coca-Cola Co. and PepsiCo Inc., both government contractors, are preparing to comply with President Donald Trump’s executive order banning diversity, equity and inclusion programs, according to people familiar with the matter.

Trump’s efforts at the federal level have not just affected the government. His focus on DEI—which he had also targeted throughout his campaign —comes as major companies also scale back on their DEI initiatives, some in small ways, others by dismantling full branches of their organizations.

PepsiCo confirmed Friday that it's ending ... he said. Since President Donald Trump returned to the White House last month, U.S. government agencies, companies and schools have rushed to ...

PepsiCo Inc. is the latest company to dial back its diversity, equity and inclusion programs as President Donald Trump’s push to purge DEI ripples through corporate America.

Companies are telling their investors how President Donald Trump’s plan to radically remake the U.S. government poses new risks to their businesses. In recent weeks, Chipotle Mexican Grill Inc.

DEI is part of our DNA,” Citigroup Inc.’s head of talent said in an interview just two months ago, calling it not only a priority, but “a business imperative.”Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC,

The Frito-Lay to 7Up maker will end DEI workforce representation goals and transition its chief DEI officer to a broader role.

PepsiCo is a global food and beverage company with the headquarters in New York. It was founded in 1965 through the merger of Pepsi-Cola and Frito-Lay. The company operates in over 200 countries and has a diverse portfolio of brands, including Pepsi, Mountain Dew, Lay’s, Doritos, Gatorade, Tropicana, and Quaker.

Coca-Cola is standing by its diversity, equity and inclusion (DEI) initiatives even as rival PepsiCo moves to scale back its own programs.

PepsiCo confirmed Friday that it’s ending some of its diversity, equity and inclusion initiatives, even as rival Coca-Cola voiced support for its own inclusion efforts.

Since President Donald Trump returned to the White House last ... schools to end DEI programs or risk losing federal money. PepsiCo’s rollback came as Coca-Cola reaffirmed support for its ...