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It's odd how many corporations have policies to help their employees escape the laws of places like Texas and Florida, but they're more than happy to relocate t

It's odd how many corporations have policies to help their employees escape the laws of places like Texas and Florida, but they're more than happy to relocate their offices to those states for small tax reductions. If they're truly against these policies, gutting those states of thousands of high earning jobs and refusing to build any new offices is the most effective way to do it. The Russian sanctions actually surprised me in that a lot of corporations actually pulled out and fast. I'll be even more surprised if they stay out for years to come.

JKCalhoun 4y ago
Texas didn't look quite as insane a decade or so ago when Apple began ramping up their Austin offices. I wonder how Apple feels now though.
- ra7 4y ago
  Google also just built a brand new building in downtown Austin that will house a few thousand people.
  - metadat 4y ago
    And Oracle. Ugh.
    - ra7 4y ago
      I believe Meta as well.
      - spacemanmatt 4y ago
        IBM, AMD, TI, and a few other big names have been here for decades.
        metadat 4y ago
        Texas Instruments was always there.. The significant part here is the new-to-texas SV tech darlings migrating, or attempting to migrate.
newaccount2021 4y ago
unmole 4y ago
Relocating to low tax jurisdictions and boosting employee morale both contribute towards creating long term shareholder value. > The Russian sanctions actually surprised me in that a lot of corporations actually pulled out and fast. Companies either pulled out because they were legally obligated (That's what sanctions are) or they wanted to avoid reputational damage to their brands. Again, rational self interest. Corporations do not and I'd argue should not take political positions in the way people do.
- hericium 4y ago
  > pulled out (...) to avoid reputational damage to their brands. French retailer Auchan did not move out of Russia and I have some friends who stopped shopping there and are quite vocal about how noone should shop there.
  - unmole 4y ago
    Because the company decided that the risk of reputational damage was smaller than the value of their Russian operations? The fact that they decided to stay put doesn't mean they support the invasion. Don't anthropomorphize corporations.
    - ninjanomnom 4y ago
      Even if you don't want to anthropomorphize the company, it's still the smart decision to take action as if they were in this case. Social and reputation repercussions were evidently not weighed heavily enough so if we want them to take a different action in the future then we as a society needs to respond to change that weighting in the future. If you just pass it off as a company being a company seeking profit as if it were a force of nature and don't do anything about it, then you remove one of the incentives for a company to align with the morals of greater society.
    - dillondoyle 4y ago
      Don't have to give them human emotions or qualities to make an ethical decision and advocate with the power of ones $
npteljes 4y ago
Odd? I think it just makes business sense.

JKCalhoun 4y ago

Texas didn't look quite as insane a decade or so ago when Apple began ramping up their Austin offices. I wonder how Apple feels now though.

ra7 4y ago
Google also just built a brand new building in downtown Austin that will house a few thousand people.
- metadat 4y ago
  And Oracle. Ugh.
  - ra7 4y ago
    I believe Meta as well.
    - spacemanmatt 4y ago
      IBM, AMD, TI, and a few other big names have been here for decades.
      - metadat 4y ago
        Texas Instruments was always there.. The significant part here is the new-to-texas SV tech darlings migrating, or attempting to migrate.

newaccount2021 4y ago

unmole 4y ago

Relocating to low tax jurisdictions and boosting employee morale both contribute towards creating long term shareholder value. > The Russian sanctions actually surprised me in that a lot of corporations actually pulled out and fast. Companies either pulled out because they were legally obligated (That's what sanctions are) or they wanted to avoid reputational damage to their brands. Again, rational self interest. Corporations do not and I'd argue should not take political positions in the way people do.

hericium 4y ago
> pulled out (...) to avoid reputational damage to their brands. French retailer Auchan did not move out of Russia and I have some friends who stopped shopping there and are quite vocal about how noone should shop there.
- unmole 4y ago
  Because the company decided that the risk of reputational damage was smaller than the value of their Russian operations? The fact that they decided to stay put doesn't mean they support the invasion. Don't anthropomorphize corporations.
  - ninjanomnom 4y ago
    Even if you don't want to anthropomorphize the company, it's still the smart decision to take action as if they were in this case. Social and reputation repercussions were evidently not weighed heavily enough so if we want them to take a different action in the future then we as a society needs to respond to change that weighting in the future. If you just pass it off as a company being a company seeking profit as if it were a force of nature and don't do anything about it, then you remove one of the incentives for a company to align with the morals of greater society.
  - dillondoyle 4y ago
    Don't have to give them human emotions or qualities to make an ethical decision and advocate with the power of ones $

npteljes 4y ago

Odd? I think it just makes business sense.