President Donald Trump signed an executive order Friday that makes major changes to America’s immigration system, and several businesses and corporations have already denounced the new leader’s plans.
The order temporarily suspends all immigration for citizens of seven countries — Iraq, Syria, Sudan, Iran, Libya, Somalia and Yemen — for 90 days. All countries are predominantly inhabited by Muslims.
Trump’s order has enraged people across the world, prompting several protests to break out over the weekend.
Here are five businesses that have reacted to the ban:
Ride-sharing company Uber is facing harsh criticism online for its CEO’s relationship with President Donald Trump. Uber CEO Travis Kalanick has been chastised for agreeing to sit on an advisory panel for the President.
The company announced plans to hire 10,000 refugees, according to a letter sent to employees on Sunday. “There are more than 65 million citizens of the world recognized as refugees by the United Nations, and we are developing plans to hire 10,000 of them over five years in the 75 countries around the world where Starbucks does business,” Schultz wrote in the letter.
Uber’s competition, Lyft, also announced it would donate $1 million in the next four years to the American Civil Liberties Union (ACLU), which was responsible for securing an emergency order that temporarily bars the country from deporting people impacted by the travel ban.
4. Goldman Sachs CEO denounces Trump policy
Lloyd Blankfein, chief executive officer of Goldman Sachs, sent a voicemail message to employees on Sunday night about Trump’s travel ban. “This is not a policy we support,” Blankstein, said in the message.
5. JP Morgan also sent a memo to employees regarding the ban
The memo was sent by the bank’s CEO Jamie Dimon and it operating committee. “This includes a number of our outstanding employees — all of whom have adhered to our country’s immigration and employment processes — who have come to the United States to serve our company, clients and communities,” according to the memo.
FIVE FAST BUSINESS READS
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