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Ignore the grandstanding, the two reasons why companies move out of a state/country: 1. Tax laws 2. Cheaper labor Edit: 3. Be closer to the people that give
by tom-_- 6y ago
Ignore the grandstanding, the two reasons why companies move out of a state/country:
1. Tax laws
2. Cheaper labor
Edit: 3. Be closer to the people that give them money
- valuearb 6y agoDon’t forget 3. Skiing.
- mxuribe 6y ago4. To be geographically in the center of the nation when the nukes launch towards the U.S....plus, it would be handy to visit the cafeteria at Cheyenne Mountain [https://en.wikipedia.org/wiki/Cheyenne_Mountain_Complex https://en.wikipedia.org/wiki/Cheyenne_Mountain_Complex]
- hn_throwaway_99 6y agoI don't think that's true of "winner take all/most" businesses anymore. Who cares about saving 15% on labor in a business where the difference between the highest quality employees and just "good" employees is literally billions in valuation? There's a reason that so many of these giant incredibly profitable business are in places with punitive tax laws and some of the most expensive labor on the planet.
- tom-_- 6y agoIt's true, locality of talent pool matters..but covid has shown the degree to which it matters is quickly diminishing as evidenced by the handful of companies declaring WFH forever, or re-considering their office leases.