Oracle joins Silicon Valley exodus — from linkedin.com by Jake Perez
Excerpt:
Oracle is joining the Silicon Valley exodus and moving its headquarters to Austin, Texas. A spokesperson for the tech giant said the move will “best position Oracle for growth and provide our personnel with more flexibility about where and how they work.” As the pandemic has spurred a gradual acceptance of remote work, some major companies are bailing on California’s high taxes and cost of living. Earlier this month, Hewlett Packard Enterprise announced it was moving from San Jose, Calif., to Houston, and Tesla founder Elon Musk announced his move to Texas this week.