PayPal cancels North Carolina expansion over anti-LGBT bill

Paypal wont offer new jobs in North Carolina because of Anti LGBT law

North Carolina’s “bathroom bill” has just cost the state 400 new jobs after PayPal canceled its plans to open a new global operations center in Charlotte.

The company said it would not open the new facility in a state that discriminates against the LGBT community.

On March 23, North Carolina, in an emergency session, passed the controversial Public Facilities Privacy & Security Act. The measure mandates that students in state schools use the bathroom that corresponds with their gender when they were born, along with other discriminatory practices.

PayPal announced plans to open the facility just two weeks ago.

“Becoming an employer in North Carolina, where members of our teams will not have equal rights under the law, is simply untenable,” PayPal CEO Dan Schulman said in a statement.

“The new law perpetuates discrimination and it violates the values and principles that are at the core of PayPal’s mission and culture,” he added.

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PayPal is one of only a few company’s to earn a 100% ranking on the Human Rights Campaign Foundation’s 2016 Corporate Equality Index.

The company said its decision not to build its Charlotte facility “reflects PayPal’s deepest values and our strong belief that every person has the right to be treated equally, and with dignity and respect.”

PayPal has also promised that it will work to overturn the law.

“We will stand firm in our commitment to equality and inclusion and our conviction that we can make a difference by living and acting on our values,” Schulman said. “It’s the right thing to do for our employees, our customers, and our communities.”

Other company’s have said they are considering moving out of North Carolina because of the state’s discriminatory law.

Written by Lisa Huyhn

Lisa Huyhn

Lisa Huyhn is the Politics and Military & Defense Editor at BusinessPundit. She is a fiercely independent voter who believes in full transparency in politics & general government activities. You can reach her at Refinance Student Loans.