Posted on 01/11/2022 2:29:11 PM PST by DFG
First Elon Musk, now Mark Zuckerberg.
Zuckerberg’s company, Meta (formerly Facebook), announced it would lease offices in a massive new building in Austin, Texas. Big tech companies, who cut their teeth and built empires in California, are fleeing the state and relocating to Texas. It's almost as if high taxes, stifling corporate regulations, and out-of-control housing costs are unattractive to businesses and long-term sustainability. Who knew?
The Austin Business Journal was among the first to report on Meta’s move.
“Months of speculation have come to an end as California-based Meta Platforms Inc. — the parent company of Facebook — recently leased the entire commercial half of Sixth and Guadalupe, the 66-story high-rise under construction downtown that will be Austin’s tallest building when finished. The social media company has also pledged hundreds more jobs in the Texas capital,” the Austin Business Journal reported.
“The lease is the largest ever in Downtown Austin,” Austin ABC-affiliate KVUE reported. It will be located in what will eventually become Austin’s tallest building.
The California-to-Texas “techs-odus” is becoming a trend. Other tech companies such as Oracle, HP Inc., and 8VC have recently relocated to Texas. As of November 2020, 35 major companies had relocated or opened new sites in Austin, according to the Austin Chamber of Commerce.
(Excerpt) Read more at washingtonexaminer.com ...
Why not just move in the metaverse?
Austin is a terribly expensive place nowadays.
Thank God all these leftists, who are not even native Californians, are going away
Does Texas not have a say in this? He’s going to bring his evil cabal and politics with him.
Make Austin nuked.
Austin, Texas is the new socialist mecca.
It used to be a nice place.
I would have bet $100 it was Austin.
I fear they are going to not learn their lesson and try to do to Texas what they did to Cali. No matter how many move out the fix is institutionalized in Cali.
This is a coup.
These big tech firms know that if enough of them relocate to Texas and take enough of their horrible employees with them, they’ll turn Texas blue.
Seriously need to ensure these woke corporations don’t make Texas a California.
As a Wacoan we refer to the place south of us as the den of iniquities known as Austin. It’s a cesspool.
Where’s AOC when we need her. She could chase Zuckerberg right back to California and keep Texas from getting infected.
“The California-to-Texas “techs-odus”
Or Texodus.
Seriously, tell Zuckerberg he will be arrested if he crosses the Texas border.
All those lefty scumbags working for FB going to Austin is a bad thing for TX
Austin is a liberal shit hole isn’t it? He belongs there.
What? Doesn’t he want to continue to dwell in the Leftist utopia he maintained with his cash?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.