The Millionaire Announced his transfer Of software companies Employees wrote Monday in a company-wide email that they would not follow the company’s headquarters from Redwood City, California to Austin, Texas.
Ellison, the principal owner of Lana’s 3,000 residents, owns the resorts, hotels, main grocery store, housing stock and newspaper. According to Bloomberg.
Oracle did not immediately respond to a request for comment. 43-year-old company Part of the S&P100, With 138,000 employees.
Ellison and Oracle are not the only Silicon Fence power players leaving California this year.
Musk cited higher taxes and health restrictions related to the corona virus as reasons for his departure.