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Texas Attracted California Techies. Now It’s Losing Thousands of Them.

DATE POSTED:April 26, 2024
The Oracle Headquarters on April 24, 2024 in Austin.Back in the halcyon days of 2020, a year we all remember fondly, a new flash point opened in the enduring war between Texas and California. Technologists started picking up sticks in Taxifornia and moving to the Lone Star State in greater numbers. The enemy’s chief newspaper, the Los Angeles Times, worried that Silicon Valley’s “monopoly” was over and wondered if Austin was “the future.” Governor Greg Abbott declared Texas was “truly the land of business, jobs, and opportunity.”In the wave of stories about Austin’s ascension in 2020, there were always two pieces of evidence given top billing. That year the tech goliath Oracle relocated its HQ to Austin, where it had already built a massive campus on the south shore of Town Lake, and…

The post Texas Attracted California Techies. Now It’s Losing Thousands of Them. appeared first on Texas Monthly.