McDonald's is the latest major company to pull back on diversity, equity and inclusion policies. Here's what the DEI rollbacks mean.

McDonald’s joins companies like Walmart, Lowe’s and Ford, which have already announced they would scale back their commitments to diversity, equity and inclusion programs.

McDonald's announced Monday that it is "retiring" some of its diversity, equity and inclusion goals and will rebrand its team focused on the matter. Among the goals the company is ending or pausing are diversity quotas,