PayPal to withdraw Charlotte expansion over LGBT law

RALEIGH, NC (AP) — PayPal says it’s canceling plans to bring 400 jobs to North Carolina after lawmakers passed a law that restricts protections for lesbian, gay, bisexual and transgender people.

The San Jose, California-based company said Tuesday it was canceling its planned expansion in Charlotte because of the law, which was signed March 23. Gov. Pat McCrory was on hand to celebrate days earlier when PayPal announced plans to hire about 400 people at a new operation center in Charlotte.

The PayPal announcement is the biggest tangible economic backlash to the state law that more than 100 corporate heads have decried as unfair. They say the law makes it more difficult to attract talent to North Carolina jobs.

Reporters asked Governor Pat McCrory about the decision during a press conference at his former high school today.

“I respect disagreement,” McCrory said. “I went to high school here at Ragsdale where the locker room where we went, we used right down the hall here and downstairs was separated for boys and girls and that’s frankly a policy and a standard that I think should remain.”

McCrory also said he expects PayPal will still provide their services in North Carolina.

“I anticipate PayPal will still provide their services and accept our consumer money in the state of North Carolina, as they also accept consumer money in nation’s throughout the world that frankly have disagreements with some of the policies they’re disagreeing with in North Carolina.”

North Carolina Democratic Party Chari Patsy Keever released this statement:

“At a time when families across North Carolina are struggling, the discriminatory law that Gov. McCrory rushed to sign continues to cost our state jobs,” Keever said. “Today, Pay Pal announced it has withdrawn its plans to expand in North Carolina costing our state 400 jobs with an average salary of $51,000 per year. With more companies announcing every day that they oppose HB2, it is past time for Gov. McCrory to repeal his discrimination bill. It’s bad for business and it’s bad for North Carolina.”

Categories: NC, News

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