PayPal Abandons Plans For North Carolina Expansion Due to State's Anti-Gay Legislation
LatestJust two weeks after announcing their plans to “open a new global operations center” in Charlotte, NC that would “employ over 400 people in skilled jobs,” PayPal has abandoned the project due to the state’s recently passed legislation that overturned every single anti-LGBT-discrimination measure in the state.
In a statement released Tuesday, PayPal President and CEO Dan Schulman called their decision a “clear and unambiguous one,” explaining that “the new law…violates the values and principles that are at the core of PayPal’s mission and culture.”