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Twitter kills its San Francisco headquarters, will relocate to South Bay

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Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#781

Post by pyeri »

hintymad wrote: post #412

There is a famous paper about the location of company headquarters: they get as close as possible to the residence of company CEOs. If we don't consider the CEO's influence, I'm actually curious if the location of company headquarters has to do with the average age of the employees in the Bay Area. As the employees start to have families, they most likely move to the south bay for better or for worse, and I have a ha…

Here in India, it's a wide mystery why most startups prefer to headquarter in Bangalore. It made sense two decades ago but today there are several other Indian cities like Vizag, Nasik, Noida, Gurugram, Chandigarh, etc. which are more equipped, have better infrastructure and even lower cost of living. Still most folks prefer Bangalore just because it has been like that since ages and popularly called the "IT Hub". But logically, it doesn't make any sense at all!

Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#782

Post by kagakuninja »

WheatMillington wrote: post #508
aqme28 wrote: post #346

Earlier quoted context omitted.

My first week working in a finance firm in midtown Manhattan there was a significant shooting. These things happen everywhere (edit: in the US) unfortunately. I'm not convinced that a more suburban location that forces people to drive would actually be any safer.

I have lived 39 years here in New Zealand and have never witnessed or been near a shooting. I'm not saying shootings have never happened in New Zealand, but the idea that these things "happen everywhere" is asinine.

I've lived in the Bay Area for 60 years, and never witnessed or been near a shooting. They do happen more often here, but violence is far lower than you would think from the media and online anecdotes.

Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#783

Post by snotrockets »

devoutsalsa wrote: post #685
seizethecheese wrote: post #399

Earlier quoted context omitted.

I’ve had several meetings, either in Twitter office or around it, and the street scene is very bad in that part of SF. If the claim is that this is a motivation for the move, it certainly passes the sniff test for me.

I used live in the Tenderloin and work in the Twitter building. My walk to work required me to be mindful of both stationary and recently minted poop in transit. This was in 2019.

That was also true in mission bay, is true in Lakeshore, and I assume other neighborhoods too.

It shouldn’t be like that, but those are the priorities we (as society and electorate) decided on.

Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#784

Post by Animats »

hintymad wrote: post #412

There is a famous paper about the location of company headquarters: they get as close as possible to the residence of company CEOs. If we don't consider the CEO's influence, I'm actually curious if the location of company headquarters has to do with the average age of the employees in the Bay Area. As the employees start to have families, they most likely move to the south bay for better or for worse, and I have a ha…

> There is a famous paper about the location of company headquarters: they get as close as possible to the residence of company CEOs.

Boeing. That's what killed Boeing - moving HQ from the factory in Renton, WA to Chicago. Boeing has no plants anywhere near Chicago. But Dave Calhoun, the previous CEO lived in Chicago. He previously was the head of Nielsen, the TV ratings and marketing company, which has been in Chicago for a century.

It took far too long, but Calhoun is finally being eased out. Not fired outright, which would have been appropriate.

Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#785

Post by snotrockets »

hintymad wrote: post #416
bcx wrote: post #130

It’s been a while since we had sf offices, but back when we did sf had a pretty aggressive additional payroll tax and gross receipts taxes. I’d imagine this is likely a factor in the decision. I know for a while they were waiving some of these taxes for companies who set up offices in certain parts of the city. E.g. zendesk got a big tax break for its market street location near the tenderloin. As for commutes, I’d b…

> back when we did sf had a pretty aggressive additional payroll tax and gross receipts taxes I always wonder what SF has done to deserve the added taxes? Did they keep the crime rate low? Did they keep improving the city's infra? Did they create a culture that people tolerate each other? Did they improve the quality of education? Did they improve the situation of the homeless community? Did they resolve the housing…

People want (wanted?) to live and work there, because not everyone wants to live in suburbia, and enough employers want (wanted?) to attract those people.

Before my employer made the adult decision to go remote only, it opened an SF office in additional to the peninsula one, because some people (like myself) wouldn’t commute to Palo Alto.

Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#787

Post by xbmcuser »

Musk might be coaching all his moves on twitter in political terms but to me the from the looks of it twitter was extremely bloated and wasting money. And Musk is doing his best to get out ahead on the money he spend to buy it. And as far as I can tell he will get out ahead. If Trump wins the presidency again I think he might get out ahead huge

Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#788

Post by drawnwren »

darby_nine wrote: post #780
drawnwren wrote: post #778

Earlier quoted context omitted.

I’d be willing to be good money you couldn’t take the bus out of the old X headquarters at 11pm for a month straight and not get robbed at least once. I got robbed twice in the 3 months I worked in the TL.

[flagged]

You know an area is fucked when people start trying to blame the victims for the crime.

Re: Twitter kills its San Francisco headquarters, will relocate to South Bay

#789

Post by ericjmorey »

crystal_revenge wrote: post #647
zombiwoof wrote: post #588

Earlier quoted context omitted.

This is why return to office is such a joke. It’s really “return to the office near where the CEO lives or lived at one time” Like if Tim Cook decided to move to Alabama that’s where Apple Park would be So dumb

> if Tim Cook decided to move to Alabama that’s where Apple Park would be A current example of this is Walmart which is in the midst of trying to force a huge number of employees to relocate to Bentonville, AR . I can see why someone would move to NYC or SF for a job, since there are plenty of other options for career development, but you have to be pretty committed to Walmart for life (undoubtedly their intention al…

Walmart has always been headquartered in Bentonville, AR so that's a huge difference from the other examples here. People in well paying jobs move all the time though so it's not the commitment or strategic retention plan you seem to imply unless you think everyone in NY or CA is so pretentious that they couldn't believe that Walmart employees are worth poaching despite their IT and analytics department being bigger bigger than most tech companies.
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