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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

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Leadershipcriminal justice reform

These Huge Companies Want to Give Ex-Cons a Second Chance

By
Claire Groden
Claire Groden
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By
Claire Groden
Claire Groden
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April 12, 2016, 10:17 AM ET
<> on October 22, 2015 in Washington, DC.
Photograph by Mark Wilson—Getty Images
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A group of companies including Facebook (FB) and Koch Industries is pledging to give ex-cons a second chance.

The 19 major companies convened at the White House Monday, where they pledged to overhaul their hiring practices to lower the barriers to employment for those with a criminal record. Under the Fair Chance Business Pledge, the companies agreed to take measures such as “banning the box,” or delaying questions about an applicant’s criminal record until it can be placed in context.

President Obama’s push to reform the criminal justice system, which includes easing ex-cons’ re-entry into society, has received support from both sides of the aisle. The arch-conservative Koch brothers, who control Koch Industries, have made criminal justice reform a priority, too; over the past decade, the Kochs have poured seven figures worth of donations into the cause, according to the Atlantic.

“We believe that we shouldn’t be rejecting people at the very start of the hiring process who may otherwise be capable and qualified, and want an opportunity to work hard,” Koch Industries and its subsidiary Georgia-Pacific said in a joint pledge, according to the White House. The other companies in attendance echoed those sentiments their pledges.

Along with Facebook and Koch Industries, companies that signed the pledge include American Airlines (AAL), The Coca-Coca Company (KO), PepsiCo (PEP), Xerox (XRX), Unilever (UL), Starbucks (SBUX), Uber (UBER), Prudential (PUK), and Google (GOOGL).

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