Deutsche Bank is the latest company to cut back its business in North Carolina in response to the state’s controversial new law banning local governments from enacting anti-discrimination rules to protect the LGBT community.
The bank said it will freeze plans to create 250 new jobs at its location in Cary, N.C., where it currently employs about 900 people, Reuters reported. It had planned to add 250 jobs by 2017.
“We take our commitment to building inclusive work environments seriously,” John Cryan, the bank’s co-chief executive officer, said in a statement on Tuesday.
“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 U.S. expansion plans for now.”