Oracle Joins HPE, Tesla In Moving HQ To Texas
“The California companies are not moving operations to Texas, but instead are mainly moving their headquarters. This seems to be mainly for taxes, or maybe for cheaper talent. But Silicon Valley has a reputation for talent,” says John Woodall, vice president of engineering west at General Datatech and long-time Silicon Valley resident. By Joseph F. Kovar December 14, 2020, 08:53 AM EST
Software vendor Oracle is following a couple of its high-tech peers, including Hewlett Packard Enterprise and Tesla, in uprooting its headquarters from California’s Bay Area.
Oracle, currently based in Redwood City, Calif., on Thursday officially changed its corporate headquarters location to Austin, Texas, as part of a flexible employee work location policy, a company spokesperson said via a statement emailed to CRN.