Oracle joins Silicon Valley’s Texas exodus

Multistory glass buildings ring a retention pond.

Enlarge / Oracle’s earlier headquarters in Redwood Metropolis, California. (credit score: David Paul Morris/Bloomberg through Getty Pictures)

Oracle is shifting its international headquarters from Silicon Valley to Austin, Texas, the corporate introduced in a submitting with the Securities and Trade Fee.

“Oracle is implementing a extra versatile worker work location coverage and has modified its Company Headquarters from Redwood Metropolis, California, to Austin, Texas,” Oracle wrote in its quarterly SEC submitting. “We consider these strikes finest place Oracle for development and supply our personnel with extra flexibility about the place and the way they work.”

The corporate will proceed to keep up an workplace at its earlier headquarters in Redwood Metropolis, California, and different places of work across the nation. Oracle has 135,000 workers.

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