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Oracle Moving HQ to Austin

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291–300 of 451 posts

Re: Oracle Moving HQ to Austin

#293

How long before all the Californians make Austin the exact same place they fled from?

Consider this as load balancing. It is freeing up space in the bay area.

Oracle's leaving will free up office space for Snowflake to expand into. They're taking business, might as well take offices too.

Re: Oracle Moving HQ to Austin

#294

I'm super curious how this will WFH Covid-era will play out for the Bay Area. I think the question I haven't figured out is job mobility. Pre-covid, even if you lost your job here as an engineer, finding another company thats interesting with the right pay isn't too hard which is one of the best appeals of SV. I wonder how this will play out in terms of this dynamic.

I'm sure it's also easier to hire/lay-off people when they're just remote "zoom employees". Virtual employees seem way more disposable. My team hired college-grad engineers since march and managers still don't actually know their names.

Once its safe, you can be sure I'll be going into the office every day getting IRL "facetime" with managers.

Re: Oracle Moving HQ to Austin

#295
post #275

Earlier quoted context omitted.

This is categorically false. If you're a Texas resident, working for a California based company, but doing your work remotely in Texas, you absolutely do not owe taxes in California. The concept of "work done for California" does not exist. If the work is done in Texas (at your house), you pay Texas taxes (no income tax).

There is some nuance to this. CA deliberately defines anybody who is in CA "other than for a transitory purpose" as a CA resident (for tax purposes). So if you happen to reside in TX but come to Redwood City for a couple weeks and work there, for example, CA can come after you. I am fairly certain this will happen more often once increasing numbers of people vote with their feet.

Even this is not entirely correct. They do not consider you a CA resident, but they consider the income you make while (more than transiently) in the state taxable.

Many states have similar clauses (NY, NJ, etc.), CA is not unique in this aspect.

Re: Oracle Moving HQ to Austin

#296
post #36

Earlier quoted context omitted.

I'm curious about how it plays out... everywhere. I live in what's being called a "Zoom town", with lots of remote workers who seem to want a smaller town with more outdoor access (Bend, Oregon if you're curious). House prices are going through the roof. But Bend was already hot, and on people's radar. Yesterday I saw an article about housing heating up in Baker City Oregon. This is a small town of 10K people that is…

If people are looking in smaller-town Oregon, I nearly bought a house in Pendleton and http://prodigalsonbrewery.com/ was contributing to that. They have stouts, porters, and reds on their beer menu instead of just whatever it is Cool Beer People are drinking these days, and their food is really solid pub food. Good place to stop if you're passing through to Baker City :)

I don't fancy living in either Pendleton or Baker City, but I cannot wait until it's ok to travel around in a carefree way again. I'd love to have a relaxed visit to both places. Being cooped up in Bend is ... not terrible, but it's still 'cooped up'.

Re: Oracle Moving HQ to Austin

#297
post #184

Earlier quoted context omitted.

I don't see what they have to lose. Their house and land might be worth more.

Roseburg, Oregon/Douglas County wouldn't even cough up the money to fund their library system. Some places are not very, uh, forward thinking.

Is funding a library forward thinking? Honest question.

Re: Oracle Moving HQ to Austin

#298

I'm super curious how this will WFH Covid-era will play out for the Bay Area. I think the question I haven't figured out is job mobility. Pre-covid, even if you lost your job here as an engineer, finding another company thats interesting with the right pay isn't too hard which is one of the best appeals of SV. I wonder how this will play out in terms of this dynamic.

Me too. In my opinion the Bay Area has nearly nothing going for it except the abundance of high paying jobs and all the effects of that line networking, visibility to early stage investors, etc. The weather is nice. Which is a lot. A whole lot. But if it becomes apparent you don’t need to be there to start a technology company (or rather there aren’t as many advantages) or to reliably find the best jobs due to the op…

> The weather is nice. Which is a lot. A whole lot.

Except when the annual wildfires make the air unbreathable for days or weeks at a time.

Re: Oracle Moving HQ to Austin

#299

Earlier quoted context omitted.

People show up in new area because its better than where they left and decide to vote for the same politicians that screwed up their old area. Happens all the time as logic is hard. or to put it like one of the folks here: "you peed in your pool and moved to ours, don't do that again"

The high cost of living in California has almost nothing to do with liberal politics or whatever you're trying to insinuate.

The high cost of living is almost entirely driven by land use restrictions and zoning. I don’t know if that’s “liberal politics” but if San Francisco adopted the housing and zoning of Houston it would be way cheaper.

If anything you could argue that's an anti-liberal attitude. It's great the Bay Area is so tolerant of different folks. Except that doesn't help out the black transgender teenager from Mississippi who can't move there, because he's priced out of even the lowest-end apartment. All because some millionaire home owners don't want to see their property values appreciate at a slightly lower rate.

Re: Oracle Moving HQ to Austin

#300
post #80

Some people lament the decline of Silicon Vally companies like Tesla and Oracle moving out. I argue it could be a good thing. These giant enterprises are not really a pinnacle of entrepreneurship and innovation anymore. Let them move elsewhere and keep the Bay Area nurturing new entrepreneurs and startups. It is huge cubicle farms vs. garages and coworking places kind of distinction.

Except nobody can afford a garage anymore. And even if you could, regulations make it pretty hard to build anything in that garage.
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