Following the violent protests at the US Capitol last week, businesses have taken their stand against President Donald Trump.
Companies that are in position to take action have made their stand against President Trump following the riots instigated by his supporters at the US Capitol last week.
Previously, firms had a complicated relationship with the president, with executives criticizing Trump's unpredictability while their firms enjoyed his 2017 tax cuts and deregulation agenda.
Corporate America takes action
The recent violence has prompted US companies to reconsider the benefits and risks of being associated with Trump.
In 2016, the Business Roundtable, comprised of chief executive officers (CEOs) from major US firms, applauded the election of Trump along with his tax plans and appointment of former Goldman Sachs banker Steven Mnuchin as Treasury Secretary.
However, the group last week slammed US politicians for spreading the "fiction of a fraudulent 2020 presidential election."
In a statement, the group said: "After the unconscionable and tragic events we witnessed, it could not be clearer that it is time for the nation and lawmakers to unite around President-elect Biden and Vice President-elect Harris."
Additionally, Blackstone CEO Stephen Schwarzman, who is known to be a strong supporter of Trump, called the Capitol riots "appalling," and mentioned that "the outcome of the election is very clear and there must be a peaceful transition of power."
Bans on Trump accounts, Parler
Aside from statements against the violence and Trump's claim of election fraud, several tech firms have taken action against the president.
Twitter announced the permanent suspension on President Trump after it initially suspended his account for 24 hours following violent protests by his supporters on the US Capitol.
Twitter said: "After close review of recent Tweets from the @realDonaldTrump account and the context around them we have permanently suspended the account due to the risk of further incitement of violence.”
Prior to Twitter’s announcement, Facebook decided to extend its ban on Trump for the rest of his term.
In a blog post, chief executive officer (CEO) Mark Zuckerberg said Facebook and Instagram will ban Trump from posting for at least the remainder of his term in office.
Meanwhile, social media app Parler has been removed by Amazon, Apple and Google from their platforms in a span of just over 24 hours.
Google was the first to remove "free speech" social network app Parler from its Play Store, was followed by Apple when it decided to suspend it from the App store, and Amazon was the latest to announce its removal from Amazon Web Services (AWS) for violating rules.
Google said the suspension of Parler is due to its failure to remove posts inciting violence. Apple said: "Parler has not taken adequate measures to address the proliferation of these treats to people’s safety."
Amazon announced that Parler’s removal from AWS because it discovered 98 posts on the site encouraging violence.
2022 PGA Championship pulled out
PGA of America President Jim Richerson announced that the 2022 PGA Championship will not be held at Trump National Golf Club Bedminster in New Jersey.
In a written statement, Richerson said: "The PGA of America Board of Directors voted tonight to exercise the right to terminate the agreement to play the 2022 PGA Championship at Trump Bedminster."
He explained in a video address: "It has become clear that conducting the PGA Championship at Trump Bedminster would be detrimental to the PGA of America brand, it would put at risk the PGA’s ability to deliver our many programs, and sustain the longevity of our mission."
