These are top tier companies within their respective industries, moving away.
Usually not all at once.
It took Fluor Corp. about 20 years to migrate out of California. It was headquartered in California since its founding at the start of the 20th century, and it became one of the largest international engineering companies in the world.
Southern California also housed its largest operating division, followed by Houston, in size.
Starting in the 1980s customers called for work to be done in Texas, to save costs, in the largely cost-plus mode of business.
By the early 2000s most employment had shifted to Texas, finalized by moving the corporation’s headquarters to Irving TX, a Dallas suburb.
Fluor and Bechtel (San Francisco) frequentlycompete for #1 in the world, measured by Engineering News Record, an industry magazine.
https://enr.construction.com/toplists/DesignBuild/001-100.asp
The pattern repeats, concerning Real Estate Title Insurers.
First American is the nation’s largest. Fidelity is 2nd.
A few years ago Fidelity moved corporate Hq. from Santa Barbara CA, to Jacksonville FL.
Northrup-Grumann is one of the largest Defense contractors, and they recently moved Corp. Hq. from SoCal to a Wash. DC subrb.
California lawmakers can’t be oblivious to these facts.
Once gone, the Corporate taxes and employee taxes paid in California go away permanently.
California once had weather, lifestyle and growing economy to attract businesses and employees.
Now just weather. If you plan to be a young adult without a good job, it is still a fun place for you, your skateboard, etc.
I wouldn't bet good money on that.
California lawmakers can’t be oblivious to these facts”
Have you ever heard of Maxine Waters?
Daniel construction used to be a big name around this area but long ago it became Flour-Daniel and now I don’t hear that name any longer. I wonder what finally became of the Daniel name.