Deutsche Bank Says ‘Nein’ To North Carolina Discrimination, Freezes Hiring

By Stephen Fuchs on

Deutsche Bank announced on Tuesday that they would be adding themselves to the already growing list of companies cutting ties with North Carolina after the state passed legislation to effectively eliminate anti-discrimination protections against LGBT individuals.

We take our commitment to building inclusive work environments seriouslyJohn Cryan

The German bank announced plans to expand their software application development center in Cary last September by adding 250 new jobs, but until the state reverses the newly passed law, those new jobs will go unfilled.

“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,” John Cryan, Co-Chief Executive Officer of Deutsche Bank, said in an official statement.

“We very much hope that we can re-visit our plans to grow this location in the near future.”

Sources: Deutsche Bank

Photo: Metropolico [Flickr] / CC BY-SA 2.0