Oracle leaves California and moves its offices to Austin, Texas | The State
Oracle was founded in Santa Clara, California in 1977.
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Oracle it is the latest technology company to move its headquarters outside of California. The company said Friday that it will move its headquarters from Silicon Valley to Austin, Texas.
“Oracle is implementing a more flexible work location policy for its employees and has moved its corporate headquarters from Redwood City, California to Austin, Texas. We believe these moves better position Oracle for growth and provide our people more flexibility about where and how they work, ”said a spokesman as reported by Bloomberg.
The good news is that most employees they will be able to choose the location of their office or continue working from home part or full time in a way to provide “better quality of life and quality of production to our employees,” the company said in a statement.
Oracle was founded in Santa Clara, California in 1977 and is one of the oldest and most successful companies in Silicon Valley. Several of the buildings in your complex are built in the form of cylinders, referencing a database of computer systems, the product on which Oracle built its empire as reported by Business Insider.
The pandemic of coronavirus It has caused the departure of several technology companies from California. Have some days Hewlett Packard announced earlier this month that it will move its headquarters from San Jose, California, to Houston, Texas. Also the data analysis software company Palantir Technologies it also moved its headquarters to Denver, Colorado, from Palo Alto, California, earlier this year.
Related: 7 states that could offer you a tax deduction for the costs of working from home.
Elon musk, head of Tesla and SpaceX, also confirmed this week that he would move to Texas although his companies continue to maintain their main operations in California.
Larry Ellison, co-founder and president of Oracle, sits on the board of directors of Tesla. Ellison has a long friendship with Michael Dell, whose computer company was founded in an area near Austin.
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