Advocates want San Jose to divest from companies tied to ICE - San Jose Spotlight

"Momentum is definitely on our side. There's a mass movement in resistance to the Trump administration and their attacks, both domestically and abroad. Local organizers initially launched the divestment effort in response to Israel's conduct during the Israel-Hamas war, but over the past two years their demands have expanded to include other corporate practices as well."

"Even as the momentum grows, some councilmembers have voiced skepticism about the divestment calls, amid concerns such a policy could undermine the city's financial standing at a moment when its budget is already under considerable strain. In a message to residents, Mayor Matt Mahan said the city is looking at a $56 million shortfall."

San Jose officials are considering divestment from companies whose practices conflict with local values. The City Council will address this March 24 during an annual investment policy review. Local advocates, including San Jose Against War, have campaigned for the city to divest from companies doing business with immigration enforcement agencies, militaries including Israel's, and mass incarceration operations. The movement gained momentum following Israel-Hamas war concerns and expanded to broader corporate practices. While organizers report growing support through rallies and petitions, some councilmembers express skepticism, citing potential financial risks amid the city's $56 million budget shortfall. A staff review identified Microsoft as a company in San Jose's portfolio with relevant contracts.

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