It's interesting, when TX which looked like a winner with HQ moving there three years ago, is now left scratching their heads as Oracle keeps on trucking to another state. It's just those wonderful market incentives working "as intended". In three more years HQ will move again to Mississippi or something.<p>Another reason for these kind of moves is to shed workforce without going through layoffs. People with higher salaries, mortgages, houses, family will choose to resign instead relocating to TN perhaps, while new college grads, with lower salaries might be more willing to move.
You can say many, many bad things about the Tennessee Valley Authority, but they have not had the sort of tragicomic power outages that Texas has had in the last decade.<p>Poking around at fiber connections it looks like some important trunk lines from Atlanta to Chicago pass through or outside Nashville, so there’s that.<p>It’s also a crossroads town. There are three highways that cross at Nashville.
Oracle Health has been HQed in Nashville since 2023 [0].<p>It seems to be a pivot related to Oracle's acquisition of Cerner a couple years ago.<p>After the JEDI fiasco, Oracle has gotten very deep in the Health IT space, which is a much slower and stickier industry.<p>[0] - <a href="https://www.beckershospitalreview.com/ehrs/oracle-health-moving-into-nashville-as-part-of-1-35b-project.html" rel="nofollow">https://www.beckershospitalreview.com/ehrs/oracle-health-mov...</a>
So do the senior executives all work remotely after they moved HQ out of Cali?<p>There are a number of them that I cannot imagine living in Tennessee, despite various advantages to doing so.
The stated reasons are ridiculous, it's tax incentives. They are getting a quarter of a billion dollars overall from TN. This is what happens in a race to the bottom. Hopefully TX officials were smart enough to add long term clawbacks to the incentive package they gave Oracle.
Are there stats somewhere about headcount in their different offices and how much they plan to move? I usually assume things like this are symbolic or tax related without actually resulting in a massive move. Maybe it’s answered in the article - I don’t have access.
Related:<p><i>Oracle founder Larry Ellison announces plans to move world HQ to Nashville</i><p><a href="https://news.ycombinator.com/item?id=40148604">https://news.ycombinator.com/item?id=40148604</a>