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Almost every successful medium- or large-sized company has done this. As they grow, they open new offices, which they seed with existing staff who are willing
by freeAgent 7y ago
Almost every successful medium- or large-sized company has done this. As they grow, they open new offices, which they seed with existing staff who are willing to either permanently or temporarily relocate. Most of the time those offices have specific areas of focus, at least when they're starting out. That way they minimize cross-geographic dependencies. To pick a totally non-random example, Stripe has followed this model. It's evident when one looks at their job listings: https://stripe.com/jobs/search https://stripe.com/jobs/search
By growing any one of their regional offices, they could move their headquarters. Toyota recently did this over the course of several years. They announced the relocation in 2014, but didn't officially move the HQ until 2016. The planning and execution spanned years before and after that timeframe as well.
- alexhutcheson 7y agoYeah, I specifically meant the "grow a new satellite office into a new HQ" transition. I know companies open satellite offices all the time, but moving your HQ to one of them is much less common.
- secabeen 7y agoThey did it, and they lost 25% of their of employees doing so: https://jalopnik.com/toyota-loses-25-percent-of-its-american-workforce-in-hq-1796713649 https://jalopnik.com/toyota-loses-25-percent-of-its-american...
- freeAgent 7y agoA sizable portion of that 25% were people who decided to retire (early), but yeah...it was massively expensive. They also offered very, very generous moving packages to everyone who did relocate along with early retirement packages for those who stayed.