Deutsche Bank Freezes North Carolina Expansion in Protest of Bias Law
On Tuesday, Deutsche Bank announced that it would put its plans to expand operations in North Carolina on hold as a result of the recent ruling that will remove protections against discrimination toward people based upon sexual orientation. The bank had initially planned to add 250 new positions to its technology division which is located in Cary, N.C. PayPal also announced recently that it will be postponing its plan to add an additional 400 jobs in the area in light of this ruling.
See "Deutsche Bank Freezes North Carolina Expansion in Protest of Bias Law", PETER EAVIS, The New York Times, April 12, 2016