Oracle will move headquarters to Texas from California
Oracle on Friday announced that it would be moving its headquarters from the San Francisco Bay Area in California to Austin, Texas.

Credit: Oracle
The company said that the move would "best position Oracle for growth and provide our personnel with more flexibility about where and how the work," CNBC reported.
In addition to the headquarters move, the company is implementing a "more flexible" employee work location policy. A majority will be able to choose their office location or continue to work from home part or full time.
"In addition, we will continue to support major hubs for Oracle around the world, including those in the United States such as Redwood City, Austin, Santa Monica, Seattle, Denver, Orlando and Burlington, among others, and we expect to add other locations over time," the company said in a statement.
Oracle joins a growing list of tech companies leaving Silicon Valley. Earlier in December, Hewlett Packard Enterprise announced a move to Houston, Texas. Dropbox and Palantir Technologies are also in the midst of moving out of the Golden State.
Elon Musk recently moved to Texas, although his companies -- SpaceX and Tesla -- will maintain their primary operations in California.
Oracle is currently still in talks with Walmart, TikTok, and the U.S. government to acquire the U.S. operations of TikTok under a new company based in the country.

Credit: Oracle
The company said that the move would "best position Oracle for growth and provide our personnel with more flexibility about where and how the work," CNBC reported.
In addition to the headquarters move, the company is implementing a "more flexible" employee work location policy. A majority will be able to choose their office location or continue to work from home part or full time.
"In addition, we will continue to support major hubs for Oracle around the world, including those in the United States such as Redwood City, Austin, Santa Monica, Seattle, Denver, Orlando and Burlington, among others, and we expect to add other locations over time," the company said in a statement.
Oracle joins a growing list of tech companies leaving Silicon Valley. Earlier in December, Hewlett Packard Enterprise announced a move to Houston, Texas. Dropbox and Palantir Technologies are also in the midst of moving out of the Golden State.
Elon Musk recently moved to Texas, although his companies -- SpaceX and Tesla -- will maintain their primary operations in California.
Oracle is currently still in talks with Walmart, TikTok, and the U.S. government to acquire the U.S. operations of TikTok under a new company based in the country.
Comments
My take on it is simply that office space, cost-of-living and housing has grown so high in the Bay area that moving elsewhere seems like a good deal.
Unfortunately for your rant, in all likelihood the net result of all of those people moving to Austin is that AUSTIN real estate prices are going to start skyrocketing, and that all of those transplanted people are going to want the same level of services they once had in CA.
The same exact thing happened to Colorado and Denver and Boulder a couple of decades ago when the tech boom hit with people moving there from CA... with the same exact result. Housing and COL went up, and the state started going Blue...
Nothing wrong with any that. That is how the political landscape equilibrates.
Oracle are they first tier in tech anymore? they won’t find what they need in the Southeastern part of the USA. The west coast prominence doesn’t come from giving away freebies (southeast), the social part, environment, great post-secondary schools, and tolerance plays a big part those don’t exist in the American south or in most of the world.
The motto of any true socialist.
Now it's time for some reality...
Taxes stand to improve lives, cities and society only when they are tightly limited (not government-regulated, but limited). How so? Flawed human beings frequently spend those tax dollars in unwise and even corrupt ways. That remains true even when pondering collective decisions made by people with the best intentions for society at large. The most effective way to limit misspending is to limit the amount of spending via lower overall taxation (all taxes including income, sales, property, etc.), thereby empowering the individual tax payer to make more effective and meaningful personal spending choices. America is all about individual liberty, and nothing curtails individual liberty when it comes to personal spending like higher taxes -- yes, even taxes created for "the greater good."
With that said, it is important that we all consider the TOTAL TAX BURDEN on MEDIAN INCOMES when considering which state has the highest or lowest taxes. When one does that, considering the higher property taxes of Texas vs. CA, the overall cost of living in a city like Fresno, CA is largely comparable to living in Dallas, TX. Again, tax burdens vary wildly by income, so consult state tax guides for more information.
California has its venture capital class, which has given it its edge. But the more industries that take their businesses out of California, the more venture capitalists will follow in exodus. California is living on borrowed time with its willful destruction of its key power infrastructure, resulting in lower-income-unfriendly skyrocketing energy prices. It’s extraordinarily high tax rate and industry crushing regulation has put manufacturing on its knees, driving countless numbers out of work and out of state.
The ethical consequences of wealthy suburban white color desk bound workers dominating the politics of environmental over the economic security of the working class are clear and it does not look good.
Again, I just hope the Oracle employees doesn't bring the California ideals with them. They need to know the true reality outside of California.
Just my thoughts.