Paypal CEO has released a statement to CNN explaining why they will not open planned offices in North Carolina, costing the state 400 planned jobs.
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."
Meanwhile, Paypals International Headquarters are in Singapore, where Section 377A of Singapore's Penal Code literally makes it illegal to have gay sex, and where Singapores Supreme court rules as recently as 2014 that consensual sex between adult men is illegal. In the United states, Paypal has offices in Texas, and headquarters in Nebraska, and I don't think I need to remind anyone about Texas restrictive abortion laws, nor that Nebraska lawmakers voted 26-18 to shelve a bill (LB586) that would ban workplace discrimination against LGBT employees.
I'll assume that Paypal starts packing up and leaving the above mentioned headquarters very soon, since it clashes with the "core of Paypal's mission and culture". Or, this was simply a PR spin from Paypal when they decided against opening office in Charlotte for whatever reason.
Update: I hope people concerned about this take the time to read the bill in full: "AN ACT TO PROVIDE FOR SINGLE-SEX MULTIPLE OCCUPANCY BATHROOM AND CHANGING FACILITIES IN SCHOOLS AND PUBLIC AGENCIES AND TO CREATE STATEWIDE CONSISTENCY IN REGULATION OF EMPLOYMENT AND PUBLIC ACCOMMODATIONS", to see exactly what Paypal is protesting here.