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PayPal settles $30 million over DOJ forcing it to scrap its DEI business initiative.
DOJ forces PayPal to scrap DEI business initiative in $30M settlement
PayPal says it will help pay for employee travel to access abortion care if unavailable locally.
Wade: PayPal (PYPL) Pledges to Cover Employees' Abortion Travel Costs - Bloomberg
PayPal made the decision to pay for employees to travel for abortions in necessary after the Texas Supreme Court upheld a law prohibiting abortion after a fetal heartbeat can be detected, something that can happen within six weeks of pregnancy.
MasterCard, PayPal and Starbucks are among the companies on a growing list to say they'll help pay for employees to travel for abortions if the procedure is not available where they live.
PayPal scaling back workplace DEI programs.
Coca-Cola, Disney, Deloitte, GM, PayPal, Chipotle, Comcast, Accenture, Boeing, Molson Coors, Brown-Forman (Jack Daniels) – Also confirmed to be scaling back DEI initiatives.