Deutsche Bank freezes NC job expansion over HB2
CARY, NC (WTVD) — Deutsche Bank says it’s putting plans to create 250 new jobs at its Cary location on hold because of HB2.
The bank said the new law invalidates existing protections of the rights of lesbian, gay, bisexual and transgender citizens in some municipalities and prevents municipalities from adopting such protections in the future.
John Cryan, Co-Chief Executive Officer of Deutsche Bank, said: “We take our commitment to building inclusive work environments seriously. We’re proud of our operations and employees in Cary and regret that as a result of this legislation we are unwilling to include North Carolina in our US expansion plans for now. We very much hope that we can re-visit our plans to grow this location in the near future.”
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