Oracle to move headquarters from California to Austin

Business

AUSTIN (KXAN) — Oracle is moving its corporate headquarters from California to Austin.

In a statement to KXAN Friday, the computer technology company said it is relocating from Redwood Shores, California, to help Oracle’s growth and give employees more flexibility on work location.

“Depending on their role, this means that many of our employees can choose their office location as well as continue to work from home part time or all the time,” the statement read.

The company hopes to continue expanding, it added.

“In addition, we will continue to support major hubs for Oracle around the world, including those in the United States such as Redwood Shores, Austin, Santa Monica, Seattle, Denver, Orlando and Burlington, among others, and we expect to add other locations over time,” the statement continued.

Oracle said it is working to implement a more “modern” approach to work to hopefully improve workers’ experience and quality of output.

Texas Gov. Greg Abbott tweeted about Oracle’s decision, saying “Texas is truly the land of business, jobs, and opportunity.” He said the state continues to attract the best businesses.

Abbott also released a statement through his office, expanding on the fact that Texas attracts “a tidal wave” of companies due to the state’s friendly business climate, low taxes and great workforce.

“Most important of all, these companies are looking for a home where they have the freedom to grow their business and better serve their employees and customers, and when it comes to economic prosperity, there is no place like the Lone Star State,” he said in the statement.

More than two years ago, Oracle built a 565,000 square foot campus near South Lakeshore Boulevard just west of South Pleasant Valley Road.

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