PayPal Abandons New Facility Plans Due to N.C. LGBT Law

Online payments company withdraws plans for Charlotte expansion.

By Andrew Peeling Apr 5, 2016

California-based online payments company PayPal has abandoned plans to build a new facility in Charlotte, N.C., in response to a controversial new North Carolina law that restricts local governments from extending civil rights protections to lesbian, gay, bisexual and transgender (LGBT) people.

"The new law perpetuates discrimination and it violates the values and principles that are at the core of PayPal's mission and culture," PayPal President and CEO Dan Schulman wrote on the company's news blog Tuesday. "As a result, PayPal will not move forward with our planned expansion into Charlotte."

The company announced the plans to open a new global operations center in Charlotte just two weeks ago. The facility was expected to employ more than 400 people.
(Washington Post)

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