On Tuesday, PayPal’s president and CEO Dan Schulman announced the company will no longer be opening a new operations center in North Carolina after the passing of the controversial bill HB2.
HB2 — which Gov. Pat McCory signed into law on March 23 — overturned a city council ordinance that would allow people to use any bathroom, regardless of their biological gender.
Schulman said a statement that HB2 “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 into Charlotte.” (RELATED: North Carolina Repeals Transgender Bathroom Ordinance)
“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,” Schulman continued. “These principles of fairness, inclusion and equality are at the heart of everything we seek to achieve and stand for as a company. And they compel us to take action to oppose discrimination.”
“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.”
Two weeks ago, PayPal announced plans to open the new Charlotte operations center, which was estimated to bring roughly 400 jobs to the region.