Oracle is moving its headquarters from Silicon Valley to Austin, Texas

[Klaralven]

Oracle is the latest tech company to move its headquarters out of California. The company said on Friday it’s moving its headquarters from the Silicon Valley to Austin, Texas.

“Oracle is implementing a more flexible employee work location policy and has changed its Corporate Headquarters from Redwood City, California to Austin, Texas. We believe these moves best position Oracle for growth and provide our personnel with more flexibility about where and how they work,” a spokesperson confirmed to CNBC.

Bloomberg first reported the move.

A bulk of employees can choose their office location, or continue to work from home part time or full time, the company said.

“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,” Oracle said. “By implementing a more modern approach to work, we expect to further improve our employees’ quality of life and quality of output.”

https://www.cnbc.com/2020/12/11/oracle-is-moving-its-headquarters-from-silicon-valley-to-austin-texas.html

[bluestarone]

1. GOODBYE

I bet others will fill the void!

[Mr.Bill]

10. There won't be much of a void.

They are not taking those buildings with them. Silicon Valley will still be a major hub for them. This is just a paper move to avoid taxes.

[RockRaven]

2. Bye, Felicia.

[ret5hd]

3. They will change their mind if...

the address becomes Austin, Republic of Texas.

[Alex4Martinez]

4. Our lives on the Central Coast west of them would greatly improve.

I'm surrounded by some of the most arrogant entitled assholes you can find, and they've driven up the cost of everything, especially housing.

The success of the sector has meant the demise of the middle class here.

[Mr.Bill]

11. I spent 30 years in Silicon Valley

before moving to a small town in Northern California. Trust me, the best thing that could happen to California would be for half the population to leave. I know because I lived here when thepopulation was half what it is now.

[GitRDun]

5. Lol

Push Texas blue!

[moondust]

6. Larry Ellison

Trumpnut.

Factbox: Oracle Chairman Larry Ellison’s history of support for Trump

[onecaliberal]

7. Don't let the door hit you, Larry.

[USALiberal]

8. As a IT guy, I hate oracle. Nt

[mshasta]

9. Next Election, Texas going BLUE

Thank you....!!!!!