re: Another business moving its HQ from California to Texas

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Hooray for these Bay Area transplants that will vote for the same policies that caused their company to flee in the first place

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+100000

And worst part, State is trying hard as frick to bring these companies and employees to their state.

Once Tejas turns purple, it's fricked.

I guess maybe 25% of the employees will actually come?

They surely arent going to pay relocation for all when they can be replaced in tx.

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Hopefully all 7,000 San Francisco employees get laid off/fired and keep there arses in that shite hole of a state.

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You idiots live in America's butthole, and dare to call anywhere else I shithole. I'm glad, because I get to laugh at y'all daily.

Sorry to burst your bubble.

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Schwab (NYSE: SCHW) said it’s not saying goodbye to California though.
“Schwab was founded in San Francisco and has maintained a longstanding commitment to the Bay Area, which will continue,” the statement said. “A small percentage of roles may move from San Francisco to Westlake over time, either through relocation or attrition.”
The “vast majority” of Bay Area-based roles are not anticipated to be affected by the move, it said. Schwab expects to retain a sizable corporate footprint in the city

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Well there are going to be s few thousand jobs out in the field next door that weren't here before, don’t care were the people come from, so frick you

All the better that they aren’t coming from ca

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Apparently it’s really hard to click a link. “A small percentage of roles may move from San Francisco to Westlake over time, either through relocation or attrition.” The “vast majority” of Bay Area-based roles are not anticipated to be affected by the move, it said. Schwab expects to retain a sizable corporate footprint in the city

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Pretty typical. Mass relocations are tough and disruptive and expensive. Instead you stop growing in the old HQ and basically all new positions are posted to your new hub and you shift jobs as they open up due to retirement or people moving companies.

Wells Fargo has done the same with SF and Charlotte. SF is the HQ but Wells has far more people here in Charlotte.

Where u at?

"There are many companies making decisions like this one – or at least moving out jobs from California.

Some 660 companies moved 765 facilities out of that state in the past two years, and Dallas-Fort Worth has been the beneficiary of many of the relocations, according to a recent report. They involve corporate headquarters, manufacturing facilities, data centers, research hubs, software and engineering centers and a few warehouses, according to business relocation expert Joe Vranich, president of Spectrum Location Services."

Chevron is the next California based Fortune 500 company that everyone expects to announce its relocation to Houston next year if not before.

The company to really watch is Wells Fargo as there are constant rumors that its lease is up in the next four years and they are looking to relocate their corporate headquarters to Texas.