Visual China Group via Getty ImagesNew Nike NKE CEO John Donahoe sent a company-wide memo today recognizing Juneteenth as a paid holiday for U.S. employees moving forward. Nike follows the path of Twitter and payments startup Square, which announced plans on Tuesday to make Juneteenth an annual holiday. “When we say that Black Lives Matter, it applies to the world outside of Nike and, importantly, it applies to our Black teammates within Nike. Simply put, we need to hold ourselves to a high standard given the heritage of our company and our brand,” said Donahoe. The company will offer two weeks of programming and learning opportunities for all employees specific to racial inequality.

Source: Forbes June 11, 2020 17:11 UTC