Austin sees mass exodus of ex-Silicon Valley tech companies, here's why

To save you a click on this ad-infested website: It does cite a TechCrunch article: <a href="https:&#x2F;&#x2F;techcrunch.com&#x2F;2023&#x2F;12&#x2F;07&#x2F;is-the-texas-boom-town-of-austin-losing-its-luster&#x2F;" rel="nofollow noreferrer">https:&#x2F;&#x2F;techcrunch.com&#x2F;2023&#x2F;12&#x2F;07&#x2F;is-the-texas-boom-town-of-...</a><p>The reason is &quot;the rising cost of living, low funding, and lack of diversity&quot;.

I&#x27;m an experienced product designer with 25+ years of experience. I&#x27;ve been doing a job search across the US.<p>I have three kids, two girls.<p>I will never take them to a place like Texas. It is anathema to my core values as a person and as a parent.<p>I&#x27;m shocked that a place like Texas became a draw for tech companies at all.

&gt; On Thursday, December 7, the cloud computing company, VMWare announced it was laying off 577 employees in Austin as part of a nationwide job reduction to cut costs, according to the Austin American-Statesman.<p>That&#x27;s not entirely accurate. Broadcom, VMware&#x27;s new owner, is shuttering offices all over the country to consolidate with their existing office portfolio.

Headline states &#x27;mass exodus&#x27;, article names three known companies that never actually moved to Austin, then three unknown companies with no context of those companies&#x27; workforce or products.<p>Texas has problems, but this isn&#x27;t journalism.

Lack of diversity is stated but never mentioned again. Diversity of what is left to the readers interpretation. This reads like a hit piece rather than a genuine exploration of a real issue.

I remember Miami was also going to be the new Silicon Valley at one point, did that end up doing any better?