Oracle (ORCL) Lured to Texas by Lower Payrolls and Labor Pool
Details
- Publish Date:
- December 21, 2020
- Author(s):
-
- Grant, Nico
- Source:
- Bloomberg
- Related Person(s):
Summary
“There’s probably a symbolic part to this — contempt for California’s regulations or liberal politics — but I think there’s probably a real part of this, too,”
“In time, jobs will shift and Texas employees will pay less taxes.” The rise of telecommuting, at Oracle and elsewhere, also leaves California “vulnerable,” he added.
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