The CEO of Salesforce said the company will help employees leave Texas, and he did so while retweeting a story linking the offer to concern about Texas’ new anti-abortion law.
Salesforce, which sells customer-management software, joins a small number of companies that have reacted against the Texas law.
CNBC reported that the San Francisco-based company told employees in a Slack message it will help them move “if you have concerns about access to reproductive healthcare in your state.”
On Friday night, CEO Marc Benioff retweeted a post about the story, adding, “Ohana if you want to move we’ll help you exit TX. Your choice.” Ohana is a Hawaiian term for family.
The company did not return messages for comment.
The Texas law passed the Republican-controlled state Legislature and was signed by Republican Gov. Greg Abbott in May but didn’t go into effect until this month. It bans most abortions after six weeks, before many women know whether they are pregnant, and lets private residents sue anyone who helps a woman get an abortion.
By a 5-4 vote, the U.S. Supreme Court declined to block the law. This week the U.S. Justice Department sued Texas to block the law.
Ride-hailing companies Uber and Lyft, both based in San Francisco, have said they will pay legal fees for any drivers who are sued for taking a woman to an abortion clinic. Dating-app provider Bumble, which is based in Texas, said it will create a relief fund for people affected by the law.
Abortion-rights activists have pressured Texas-based companies to criticize the law, but most have remained silent.
A former Facebook executive pled guilty to stealing more than $4 million from the company while she was employed there.
Rising safety concerns over water bead products marketed to kids have prompted major retailers like Amazon, Target and Walmart to pull some toys off their shelves.
The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years.
Intel is out with a new product to challenge other big players in the space like Nvidia and AMD.
Stocks fell after the opening bell Friday but will end on another positive week.
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.
Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale.
Mortgage rates have dropped below 7% for the first time since the middle of August.
Taylor Swift grossed nearly $2 billion this year, according to Billboard.
Load More