The companies said the abortion law “threatens the health, independence, and economic stability of our workers and customers.”
restrictions on reproductive care will be “bad for business” and hurt workers, customers and the state’s economy—marking the largest outcry yet from the business community against Texas’ controversial Senate Bill 8 .
The state’s abortion restrictions that were in place before SB 8 took effect have already negatively impacted the state’s economy, the companies argue, citing figures from the Institute for Women’s Policy Research that found existing restrictions have cost the state of Texas an estimated $14.5 billion annually in economic losses.
Abortion and other restrictions that threaten gender equality put “our families, communities, businesses and the economy at risk,” the letter argues.Starbucks and Microsoft were among the companies that declined to sign the letter.“Simply put, policies that restrict reproductive health care go against our values and are bad for business,” the companies wrote.
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