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Larry Ellison is moving Oracle to Nashville.
Oracle Is Moving to Nashville, Founder Larry Ellison Says
And California’s tax base continues to shrink…
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End of the article says they already moved HQ to Austin in 2020. Of course I have no idea what that means. A corporate HQ for a massive company can be 10 people.
I wonder how many employees this pulls out of California?
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Sic transit gloria mundi (so shut up and get back to work) -
[quote quote=8327]End of the article says they already moved HQ to Austin in 2020. Of course I have no idea what that means. A corporate HQ for a massive company can be 10 people. I wonder how many employees this pulls out of California?[/quote]
6500 in Redwood City, about 13.5% of the city’s workforce. This article goes back a couple of years, but I can’t see where much has changed. https://www.newsnationnow.com/us-news/west/companies-are-rapidly-leaving-california-study-finds-heres-where-they-are-going/
This is a good source for tracking corporate departures. https://californiapolicycenter.org/the-california-book-of-exodus/
CEO of Belong, a residential property management company on why its relocating to Miami -“Belong CEO, Ale Resnik, emphasized the cultural fit between Miami and Belong: “Miami represents a glimpse at a possible future of the USA. One that’s multicultural, more pragmatic, and less ideological. This is an ecosystem where consumer tech can blossom.”
More pragmatic and less ideological- sadly wonder if the west cost will ever be described this way. Not in my lifetime, I’m sure.
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CEO of Belong, a residential property management company on why its relocating to Miami -“Belong CEO, Ale Resnik, emphasized the cultural fit between Miami and Belong: “Miami represents a glimpse at a possible future of the USA. One that’s multicultural, more pragmatic, and less ideological. This is an ecosystem where consumer tech can blossom.” More pragmatic and less ideological- sadly wonder if the west cost will ever be described this way. Not in my lifetime, I’m sure.
I think we can agree that California is sufficiently multicultural, though on the opposite end of the pragmatic/ideological spectrum relative to Florida. I was just reading that Mrs. Mick’s high school, Lynbrook of San Jose (mascot “Vikings”) is now 93% minority. Also in the Top 10 in California, top 100 nationwide. 85% of students take AP classes.
Three Bay Area high schools make US News’ top 10 in California (msn.com)
Audaces fortuna iuvat
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