Add Oracle to the list of tech companies that have moved their headquarters from Silicon Valley to Austin.
The software behemoth listed its principal executive office location as Austin on its third quarter report to the U.S. Securities and Exchange Commission.
BREAKING: Oracle just announced they have moved their Headquarters to Austin. Texas is truly the land of business… https://t.co/apGoOZCQVr— Greg Abbott (@Greg Abbott)1607724310.0
In addition to relocating its headquarters from Redwood City, California, to the Texas capital, Oracle is also implementing a more flexible employee work location policy, which many of its employees to choose their office location and whether they would like to continue to work from home, either full- or part-time.
Oracle opened its Austin campus—a sprawling half a million-square-foot facility on East Riverside Drive that will now serve as its corporate headquarters—in 2018.
Welcome home, Oracle! Austin yet again contributing to economic development in Texas. https://t.co/E4o79deGZd— Mayor Adler | 😷wear a mask. (@Mayor Adler | 😷wear a mask.)1607726157.0
The tech company is not alone in its recent migration east.
Billionaire CEO Elon Musk announced earlier this week that he had moved to Texas from California. He has also threatened to relocate the headquarters of his electric car company, Tesla after clashes with local and state officials in California over pandemic restrictions.
"I do think that there is something that happens … if a team has been winning for too long," Musk told the Wall Street Journal on Tuesday. "They do tend to get a little complacent, a little entitled, and then they don't win the championship anymore. So California's been winning for a long time."
Hewlett Packard Enterprises announced earlier this month that it would relocate its headquarters from San Jose to Houston.
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The Texas Department of State Health Services will allocate 332,750 doses of the COVID-19 vaccine to 212 providers this week, with the bulk assigned to hub providers that are focused on widespread community distribution events. Six of those providers are in Travis County.
With the latest allocation of 16,450 sent to Travis County this week, the county will have received 104,275 doses of the vaccine. Local public health officials estimate that there are 285,000 area residents who fall in the 1A and 1B priority groups, meaning that around 37% of them should have access to doses seven weeks into the rollout process.
Here's where the latest allotment is going:
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Californian who wrote viral op-ed attacking Austin life tells Austonia he 'didn't include the positive stuff'
The California exodus has made headlines for several years now, and even more recently, with thousands of West Coasters seeking tax relief, less-expensive real estate and a simpler lifestyle in Texas' capital city.
However, a California man's scathing review of Austin, which was published in Business Insider on Wednesday, reveals that some are less than satisfied with their move.
Austin may soon be home to a tech plant that would dwarf the Tesla Gigafactory in both investment and job creation.
Samsung Electronics Co. is considering starting construction on a $10 billion memory chip plant in Austin as soon as this year, Bloomberg reported Friday.
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