I don't like being gas-lit by my employer. I prefer the honesty that they only care about money. That way we all know where we stand.
There are certainly some cartoonish outcomes (like my company no longer calls team meetings "All Hands"... in case, you know, someone doesn't have hands).
But there's nothing insane about a company thinking about what role it can play towards helping people up. I would be happy if my company donated computing equipment and resources to disadvantaged communities around the country. Having grown up in Appalachia with little computing resources nearby, my envy when I learned people my age had access to Sparc Stations and giant tech bookstores...
A corporation is not a person, they don't have people beliefs. Corporations only care about money and putting on a show of having people-like beliefs was only ever about saving money.
That may be true but that does not negate the fact that 'DEI' has been and still is a divisive 'praxis' (to use a word out of the underlying ideology's playbook) which intentionally divides people into an ever widening fractal of identity groups and increases distrust and envy between those groups by pushing a victim/victimiser narrative. Where the motto on the Great Seal of the United States reads E pluribus unum (out of many, one) [1] DEI aims to achieve the opposite: out of one, many.
DEI orders 'we, the people' into a hierarchy with the 'oppressed' on top and the 'oppressors' below them. This is an ever ongoing process since identity categories are themselves subject to the same 'intersectional' narrative, e.g. 'black lives matter' is one-upped by 'black trans lives matter' etc.
However the criteria is often reduced to race and sexual orientation. A truly effective approach would take to much resources.