After over four decades, business computing giant Oracle's corporate headquarters had moved from its longtime campus in Redwood Shores, California, to Austin as it embraces a remote work model made common by the pandemic. The tech industry has a long history in Austin, with companies like IBM, Dell Technologies, and Samsung setting up shop in the city over the decades. Oracle itself built a campus for itself in downtown Austin fairly recently.
"We believe these moves the best position Oracle for growth and provide our personnel with more flexibility about where and how they work. Depending on their role, this means that many of our employees can choose their office location as well as continue to work from home part-time or all the time," Oracle spokesperson Deborah Hellinger stated.
Oracle is moving its headquarters from Redwood Shores in Northern California to Austin, which has long been attracting tech firms and is home to the South by Southwest Festival, which has an interactive portion devoted to internet innovations. Word of Oracle's move comes as internet firms letting workers do their jobs remotely due to the pandemic embrace the practice, which frees them to hire people who live far from offices and leave companies less tethered to Silicon Valley campuses.