April 22, 2024


Unforgettable trip

Goldman Sachs, JPM weigh paying abortion travel costs: report

Big US banking companies Goldman Sachs and JPMorgan Chase are discussing extending abortion benefits for staff members to cover vacation, Bloomberg News reported on Thursday, citing men and women with understanding of the make any difference.

The Wall Road giants could pay vacation charges for staffers trying to get to abort pregnancies absent from states with stringent legislation, the report included.

The US Supreme Courtroom looks established to vote to overturn the Roe v. Wade decision that legalized abortion nationwide, in accordance to a leaked initial draft the vast majority belief printed by Politico on Monday. 

A JPMorgan spokesperson declined to comment on the report. Spokespeople from Goldman Sachs did not right away respond to Reuters requests for remark.

Other firms which include Levi Strauss and Amazon have pledged to offer comparable guidance to their US personnel who want to vacation out of states like Texas and Oklahoma that have restricted access to abortion services.

In March, Citigroup started masking travel expenditures for employees who go out of state for abortions because of freshly enacted restrictions in Texas and other areas, turning out to be the to start with big US lender to make that commitment.