PayPal says decision to cancel Charlotte expansion based on anti-gay law

Wed. April 6, 2016 11:26 AM by Carlos Santoscoy

PayPal on Tuesday said that it was withdrawing plans to expand in Charlotte over passage of a North Carolina law that blocks cities from enacting ordinances that prohibit discrimination based on sexual orientation or gender identity.

House Bill 2, approved last month during a one-day special session, also bars students attending public institutions from using the bathroom that does not conform to their gender at birth.

PayPal's planned global operations center in Charlotte was expected to employ 400 people.

"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."

"[E]very person has the right to be treated equally, and with dignity and respect."

"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. It's the right thing to do for our employees, our customers and our communities," Schulman added.

PayPal, which scored 100% on the latest HRC Corporate Equality Index, a measure of how employers treat their LGBT employees, did not say where it would build its new operations center.

Article provided in partnership with On Top Magazine