PayPal Scraps Charlotte Expansion Plan, Citing Anti-LGBT Law
- Business backlash to North Carolina bathroom law intensifies
- Mississippi law on gay couples generates business concern
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PayPal Holdings Inc. is scrapping plans to build an operations center in Charlotte, North Carolina, extending the fallout from legislation passed last month that bars transgender people from bathrooms and locker rooms that don’t match the gender on their birth certificates.
PayPal Chief Executive Officer Dan Schulman said the law undercuts the rights of lesbian, gay, bisexual and transgender people. The company is canceling plans to invest $3.6 million in the state and hire more than 400 people to work in a planned global operations center.