META - Corporate America reacts to Supreme Court abortion decision
The Supreme Court’s decision to overturn Roe v. Wade on Friday has generated a swift reaction from a number of major US companies. America’s largest bank by market capitalization, JPMorgan Chase (JPM), was one of the first to advise employees on the decision. According to a memo viewed by CNBC, company management told employees that it will pay for travel to states that allow legal abortions. Per reporting from Fox Business, Citi C quickly followed suit with a similar memo to employees. Most major banks are expected to react in a similar vein. The statements from major banks adds to statements made by Amazon (AMZN), Apple (AAPL), Lyft (LYFT), Uber Technologies (UBER), Microsoft (MSFT), Yelp (YELP), Salesforce (CRM), Starbucks (SBUX), and more that advised employees of travel assistance in the months leading up to the decision. For example, Levi Strauss (LEVI) issued a statement following the leak of the expected
For further details see:
Corporate America reacts to Supreme Court abortion decision