Tech giant Oracle is moving its headquarters from Silicon Valley to Texas. Oracle is not the only tech company moving its headquarters to Texas. HPE and Tesla are also preparing to move to Texas. The decision was announced shortly after California’s poor handling of stay-at-home order.
Austin, or also dubbed Silicon Hills is already currently home to some tech companies and it is attracting more companies every day. Oracle also announced that the majority of its employees will be able to choose their office location or can also work from home. Oracle also stated,
“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.
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. By implementing a more modern approach to work, we expect to further improve our employees’ quality of life and quality of output.”