A record number of companies are leaving California for states with a better business climate, and a new report shows that Texas remains their No. 1 destination. See why they are being urged to leave the state (it's not just because of taxes).
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Business Exodus From California Is More Troubling Than Sanctuary Policies
California is facing a bigger issue than its tussle with the Federal government over sanctuary cities. . . . .
. . . .
What is more serious is the number of California-based companies that have left or signaled their intention to leave the state. Last year marks the first anniversary of the announcement that Carl’s Jr., a California burger icon for more than six decades, was relocating its headquarters to Nashville. It’s a symbol for what’s become a stream of businesses that have quit California. What was once an almost quiet exodus of companies now looks more like a stampede.
Among the roll call of businesses abandoning California for more hospitable business environments includes Toyota which has left Torrance and will complete the move of its U.S. headquarters to Dallas in the coming month. Also having left for Dallas is Jacobs Engineering Group, $6.3 billion firm formerly based in Pasadena that has more than 230 offices across the world, employs 60,000 and generates $12 billion in annual revenue.
Re: BREAKING: Economy added 263,000 jobs in April, surpassing expectations
By: zzstar in FFFT3 | Recommend this post (0)
Fri, 03 May 19 5:39 PM | 35 view(s)
Boardmark this board | Food For Further Thought 3 Msg. 50219 of 50223
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Flyover country’s still a shithole. No opportunities, no investment, no future. Just opioids.
Everything’s happening in the coasts and where Fortune 500 is, as well as the stock market.
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