PayPal will no longer move forward with its planned new global operations center in Charlotte, North Carolina, after the state passed a law that eliminates anti-discrimination protections for lesbians, gays and bisexuals and keeps transgender people from using the bathroom of their chosen gender.
“The new law perpetuates discrimination and it violates the values and principles that are at the core of PayPal’s mission and culture. As a result, PayPal will not move forward with our planned expansion in Charlotte,” a statement released by PayPal President and CEO Dan Schulman said Monday.
“This decision reflects PayPal’s deepest values and our strong belief that every person has the right to be treated equally, and with dignity and respect. Our decision is a clear and unambiguous one … As a company that is committed to the principle that everyone deserves to live without fear of discrimination simply for being who they are, becoming an employer in North Carolina, where members of our teams will not have equal rights under the law, is simply untenable.”