Nichols Martin
Oracle's headquarters has been transferred from Redwood City, California to Austin, Texas, in a move to provide its employees more work location options amid the COVID-19 pandemic, Bloomberg reported Saturday.
The action would allow Oracle personnel to select preferred work arrangements and locations. The pandemic has prompted the computer software provider to offer flexible work settings to 135K personnel.
A regulatory filing says the company plans to maintain its support to the former HQ in Redwood City, California, as well as to offices in other U.S. states.
Oracle's HQ move follows a similar action that Hewlett Packard Enterprise announced earlier this month. Antonio Neri, president and CEO of HPE, said his company's HQ will move from San Jose, California, to the Houston, Texas, in an effort to sustain a technical workforce and reduce costs.
