Oracle Corporation (NYSE: ORCL) has joined the list of tech companies that haved their headquarters out of California, Bloomberg has reported.
What Happened: The computer technology giant announced on Friday that it had moved its headquarters to Austin, Texas, from Silicon Valley.
“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 …
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