Every Company Leaving California: 2020-2022

companies leaving California

Arguably since the first agricultural revolution 10,000+ years ago, work has been tied a fixed location. That location-based work – first a farm, then a manufacturing plant, then an office – created opportunity. Opportunity attracted workers (or new citizens).

Therefore, we always formed cities, countries, and societies primarily through location-based opportunity. Go where the work is, as they say. For the first time in thousands of years, that trend is reversing. With the internet (and remote work layered on top), you now have the ability to bring your work (your livelihood, really) with you to any location.

This remote work revolution is starting to drive astounding second- and third-order consequences.

  • If you can bring your work wherever you want, where should you live?
  • If you no longer need to live near the office, what happens to our cities?
  • If a company no longer has a physical headquarters, could it reside in a state or country with a more favorable environment?

First, the employees start to work from home. Then, the companies go fully remote. Then, the company itself moves to a better jurisdiction.

In this article, we’re talking about the third-order effect of the remote work revolution: companies leaving states. In the United States, the biggest trend has been with companies leaving California.

Below, you’ll find all of the companies leaving California since 2020. Whenever a company announces its plans to leave the state, we’ll update the list.

 

Companies Leaving California: Every Announcement Since 2020

Here is the list of companies with over 100 employees:

Company

Destination

Jobs

Story

NortonLifeLock (Symantec)

Arizona

January 14, 2020


"The tech company wants to find a buyer for 10 buildings in Mountain View that together total 707,000 square feet.

By early November 2019, the company’s headquarters were listed as being in Tempe, Ariz., an SEC filing disclosed. Also in early November, NortonLifeLock became the official name of the company.

QuestionPro

Texas

January 21, 2020


"Bhaskaran said Austin’s cost of living makes it easier to scale up and hire talent. Austin’s talent pool, and the ability to attract people who live outside of Texas were also factors, he said.


(The Bay Area) was not sustainable for us,” Bhaskaran said. ““For the same price we can find really amazing people in other areas.”

ASGN Incorporated

Virginia

January 26, 2020

"Governor Ralph Northam today announced that ASGN Incorporated (NYSE:ASGN) will invest a total of $12.4 million to move its corporate headquarters from Calabasas, California to Henrico County and grow operations across the Commonwealth, creating a total of 700 new jobs and advancing Virginia’s economic recovery strategy."

XO (XO Jets)

Florida

January 27, 2020

“There will be a significant number of the existing employees relocating to South Florida in the coming weeks,” said Michelle Bauman, chief human resources officer. “We’ll be hiring an additional 150 positions. We are very excited to become a Florida-based employer, which will afford us access to a deep pool of aviation talent from aviation universities and training centers located both locally in Florida and along the eastern seaboard.”

Varo Bank

Utah

July 25, 2020

“Salt Lake City is a more sustainable place to do business,” Colin Walsh, co-founder and CEO of Varo Money, told the San Francisco Business Times."



DZS (Dasan Zhone Solutions)

Texas

August 3, 2020

"In addition to the strong pool of communications and software engineering talent in the Dallas area, officials said the move would lower the company’s fixed costs and provide good access to customers throughout the Americas."



Palantir

Colorado

August 19, 2020

"Chief Executive Officer Alex Karp has been open in the past about a potential move. In an interview with Axios on HBO in May, Karp said he was against the “increasing intolerance and monoculture of Silicon Valley” and was nearing a decision on whether or not to move. Karp said at the time Colorado was under consideration."

Incora

Texas

September 15, 2020


“Texas has cultivated a strong economic climate with low taxes, reasonable regulations and a high-caliber workforce, which allows companies like Wesco to innovate and prosper,” said a statement from Abbott. “As a thriving aviation and aerospace hub, Fort Worth is the ideal location for Wesco to continue to grow its operations and serve its customers.”

O. W. Lee

Texas

September 23, 2020

"An outdoor furniture maker is planning to move its headquarters and manufacturing operations from California to Texas Hill County."

Pabst Brewing

Texas

October 7, 2020


"San Antonio is filled with opportunity and creativity, it has a great talent pool, high quality of life, and is experiencing a cultural boom that we’d really like to be a part of,” he said. “The affordability of the city does make it attractive to business(es) and employees.”

Arctic Wolf

Minnesota

October 22, 2020


"Last summer, the company significantly expanded its office footprint in Minnesota.

But the “most critical reason” for the relocation is access to the wide pool of tech talent in the Twin Cities area, Schneider said."

CBRE Group

Texas

October 29, 2020

"CBRE Group, the world’s largest commercial real estate services and investment firm, is moving its headquarters from Los Angeles to Dallas."

Hewlett Packard Enterprise (HPE)

Texas

December 1, 2020

"As we look to the future, our business needs, opportunities for cost savings, and team members’ preferences about the future of work, we have made the decision to relocate HPE’s headquarters to the new campus under construction in Spring, Texas, just outside of Houston."

Tanium

Washington

December 2, 2020

"The CEO and co-founder of a billion-dollar cybersecurity company has moved its headquarters out of San Francisco because it's "not the city it was.

He added that there were "some asymmetries in the way that the Bay Area works that just didn’t really work well for us.”

Oracle

Texas

December 11, 2020


“Oracle is implementing a more flexible employee work location policy and has changed its Corporate Headquarters from Redwood City, California to Austin, Texas. We believe these moves best position Oracle for growth and provide our personnel with more flexibility about where and how they work,” a spokesperson confirmed to CNBC."

Charles Schwab

Texas

Search Charles Schwab jobs

January 1, 2021

"The financial services firm announced a $26 billion merger with TD Ameritrade in October 2020.

As part of the merger, the combined company’s headquarters would relocate from San Francisco to North Texas (Westlake)."

OPSWAT

Florida

January 4, 2021


“While San Francisco will continue to be a strategic office location given its proximity to Silicon Valley and our West Coast partners and customers, we are excited to strengthen our East Coast presence and join Tampa’s emerging technology and cybersecurity ecosystem.”

Lion Real Estate Group

Texas

January 7, 2021

"The decision to relocate our corporate headquarters to Dallas aligns with our strategy of acquiring desirable multifamily assets outside of the urban core, both here in Texas and in other high-growth cities across the Sunbelt and Southeast,"

Digital Realty

Texas

January 14, 2021


Said Digital Realty CEO William Stein, "The central location, affordable cost of living, highly educated workforce and supportive business climate have helped make Texas an epicenter for business activity and technology growth."

Align Technology

Arizona

January 22, 2021

"This change will afford many new opportunities for Align to expand its industry-leading digital capabilities through innovation in San Jose while achieving greater, long-term operating efficiencies in Arizona,” said Joe Hogan, Align’s chief executive officer.

Viavi Solutions

Arizona

February 10, 2021


"In seeking to locate a new facility, the company found that Arizona provided the ideal conditions of being business-friendly, offering a high quality of life at reasonable cost, and providing a strong base of talent."

Education Media Foundation (EMF)

Tennessee

March 24, 2021

CEO Bill Reeves said, “This move will enable us to better serve our audiences and deepen our relationships with faith-focused artists, content creators and the recording, film and publishing industries as we continue to broaden our media offerings through radio, film, streaming, live events, books and more.”

Green Dot Corporation

Texas

May 7, 2021


"“I want the best and brightest people we can find to join our team to help us be successful, and you can live anywhere you want,” Henry said. “I’m not Jamie Dimon, I’m not going to force you to take the train three hours a day.”

"The CEO called Texas a very 'business friendly state' relative to California, where local rules could dictate how the company chooses board members, for instance."

Wedgewood LLC

Texas

May 18, 2021

"We think that Dallas has a regulatory environment that's beneficial to our business. It allows us to get things done.

It was mainly driven by regulations to multifamily ownership in California, a state that's very focused on tenant's rights and not focused at all on ownership."

Snowflake

Montana/
Remote

May 26, 2021


“We are a Delaware corporation with a globally distributed workforce and no corporate headquarters. Under the Securities and Exchange Commission’s rules, we are required to designate a ‘principal executive office.’ For purposes of this report, we have designated our office in Bozeman, Montana as our principal executive office, as that is where our Chief Executive Officer and Chief Financial Officer are based.”

Landing

Alabama

June 10, 2021


“As a Birmingham native, relocating our headquarters and expanding our Alabama team was a natural transition,” said Bill Smith, founder and CEO of Landing. “I’m excited by the opportunity to continue to scale Landing and bring new jobs and economic opportunities to my community. As we continue to expand across the country, we’re committed to the vibrant cities we operate in and will strive to have a positive impact on all of Landing’s communities.”

Edelbrock Group

Mississippi

June 15, 2021

“Mississippi is a strong manufacturing state with a prominent presence in the automotive industry, and Edelbrock’s decision to relocate its corporate headquarters from southern California and create new jobs in northwest Mississippi highlights our great state as a top destination for companies in the automotive sector,” said Mississippi Development Authority Executive Director John Rounsaville. 

Wiley X

Texas

June 29, 2021

“Wiley X is committed to piloting smart and sustained growth for many years to come, and a central location like Texas is a prime place to call home for our brand,” Dan Freeman, co-owner of Wiley X, was quoted saying.

Smart Wires, Inc.

North Carolina

July 27, 2021

“Not only is North Carolina a strong hub for smart grid businesses, it also provides significant access to talent, R&D partnerships, manufacturing know-how, and exceptional infrastructure that is continuously growing and improving,” CEO Peter Wells said.

Kaiser Aluminum

Tennessee

July 29, 2021

"Williamson County provides the benefit of a corporate friendly business environment and access to a highly talented workforce that fits well with Kaiser Aluminum’s corporate value of being a preferred employer and a great place to work."

MD7

Texas

August 11, 2021

"We believe the friendly business climate and exceptional work environment for our team members will be a competitive advantage as we continue to grow to serve our customers.”

AECOM

Texas

August 17, 2021

"AECOM, the world’s trusted infrastructure consulting firm, today announced it will relocate its global headquarters from Los Angeles, CA, to Dallas, TX, effective Oct. 1, 2021."

NinjaOne

Texas


August 17, 2021

"One of the things that I saw is that a lot of my friends and family and employees that are moving here from the Bay Area can actually be homeowners, which in the Bay Area is virtually impossible," he said. "So I think it's actually the hidden retention tool, and a great recruiting tool."

HomeLight

Arizona

August 24, 2021

"HomeLight CEO Drew Uher said that it made sense for his fast-growing real estate company to move its HQ from San Francisco to the city that is its largest employment center. HomeLight has hiring and more in store as it continues to expand."

GlobalFoundries

New York

August 26, 2021

“The original vision for this site was a billion dollar investment from New York State, Global Foundries would put $3.2 billion in and create 1,200 jobs. We stand here today, the state put their dollars in, global foundries put $15 billion in, and there are now 3,000 jobs here and growing.” CEO Caulfield said.

First Foundation Bank

Texas

September 26, 2021

"The Dallas-Fort Worth area today reminds me of what Southern California was like 30 years ago, where First Foundation started, and for me personally, it is nice to return to Texas as my roots are in the South,” Scott F. Kavanaugh, CEO of First Foundation Inc. said recently. “Texas has such a business-friendly environment which gives us confidence in being able to serve the communities of Dallas with our high standard of exceptional client care."

Tesla

Texas

October 7, 2021

“To be clear we will be continuing to expand our activities in California,” Musk said. “Our intention is to increase output from Fremont and Giga Nevada by 50%. If you go to our Fremont factory it’s jammed.”

But, he added, “It’s tough for people to afford houses, and people have to come in from far away....There’s a limit to how big you can scale in the Bay Area.”

Nexen Tire

Ohio

October 28, 2021

"Nexen Tire’s road to growth is running straight through the middle of the country into Richfield, Ohio, and we’re ecstatic to be reuniting with an already incredible and established team at our North American technical center,” said Brian YoonSeok Han, CEO of Nexen Tire America.

Science 37

North Carolina

December 22, 2021

“Establishing our headquarters in the Research Triangle, a magnet for biopharmaceutical innovation, will enable Science 37 to continue to grow, attracting and retaining top talent dedicated to accelerating research and enabling access for patients and providers, anywhere.”

Review Wave

Texas

Marrone Bio Innovations

North Carolina

January 6, 2022

"The company noted in its statement that the decision to relocate its corporate headquarters location was made “to support the company’s growing presence in markets outside the United States.”


The company’s research and development operations, and some support functions, will remain based in Davis, Ca., the company noted."

Hyperion

Ohio

February 2, 2022

"Orange-based hydrogen fuel cell and transportation company Hyperion Companies said Tuesday it will move its global headquarters to Columbus, Ohio.

Hyperion said in a news release that it will create 680 new jobs over six years and invest about $300 million in a headquarters, research and development center and manufacturing operations in the city."

Ovation Fertility

Tennessee

February 15, 2022

As Ovation has grown to become a diversified, coast-to-coast fertility care services company, it just makes sense to reduce travel distance and time zone challenges by placing our home office in the middle of the country,” says Paul Kappelman, Ovation’s chief executive officer. “Nashville is also a talent-rich environment and home to many industry-leading healthcare companies, so it’s an ideal place for Ovation to establish a home base."

Sendoso

Arizona

April 12, 2022

"Business software developer Sendoso is relocating its headquarters from San Francisco to Phoenix later this year, bringing nearly 1,000 jobs to the Valley, the company announced Tuesday."

Aviatrix

Texas

May 5, 2022

"A technology unicorn has shifted its headquarters from Silicon Valley to Dallas.

The company is now operating out of a co-working space in Dallas - but will lease about 25,000 feet for a more permanent locale."

Chevron

Texas

June 29, 2022

"Chevron says it's willing to pay its employees who are willing to relocate to Houston.

The U.S. oil company is planning to sell its headquarters located at Chevron Park in San Ramon, California, so it can move to a more modern space."

Belong

Florida

September 6, 2022


"Belong CEO, Ale Resnik, emphasized the cultural fit between Miami and Belong: "'Miami represents a glimpse at a possible future of the USA. One that's multicultural, more pragmatic, and less ideological. This is an ecosystem where consumer tech can blossom.'"

American Airlines 

(*Flight Attendant Base, only)

(Multiple locations)

September 15, 2022

"American Airlines announced that they are relocating more than 400 flight attendants who were based out of San Francisco International Airport, to other parts of the country."

Obagi 
Cosmeceuticals

Texas

September 21, 2022

"Some of the primary drivers are the favorable tax rate for businesses and residents and cost of living implications. Housing is simply unaffordable for many in Southern California, and our folks see the possibility of home ownership in their near future in Texas. We are very excited about the upcoming move and the opportunities it affords our relocating employees," said Jaime Castle, President & CEO of Obagi Cosmeceuticals.

Virta Health Corp

Colorado

October 3, 2022

"The technology and healthcare talent we have already assembled in Colorado provides a clear picture of the exciting growth potential we have in the region,” Sami Inkinen, Virta Health co-founder and CEO, said in a written statement.

“Colorado is a great place to live, with a spirit of innovation and people who are willing to tackle big challenges to change the world for the better. It’s an ideal setup for a mission-oriented company like Virta Health.

Trimble

Colorado

October 6, 2022

"Trimble (NASDAQ: TRMB) announced today that the company has changed its headquarters from Sunnyvale, California to Westminster, Colorado.

'Sunnyvale will continue to be the center for technology development across a range of areas critical to Trimble's success going forward,' said Rob Painter, president and CEO."

Allspring Global Investments

North Carolina

October 20, 2022

"We are thrilled to announce the official opening of our corporate headquarters in Charlotte, which we believe is an important step in Allspring’s journey to elevate investing to be worth more," said Joe Sullivan, CEO of Allspring, in a statement issued on Thursday.

Lucas Oil Products

Indiana

November 1, 2022

"After 33 years in business in Southern California, Lucas Oil Products is closing its corporate headquarters and West Coast production facility located in Corona and consolidating operations at its facilities in Indiana, according to an October 17 article in the Press Enterprise newspaper.

Lucas Oil Products is also relocating its wholly owned MAVTV cable network from Corona, California to Indiana."

Here is the list of companies with under 100 employees:

  • SignEasy: Texas, 2020
  • Finical: Texas, 2020
  • Arcturus Aerospace: Arkansas, 2020
  • KVP International: Texas, 2020
  • FileTrail: Texas, 2020
  • AgencyKPI: Texas, 2020
  • The Joe Rogan Experience: Texas, 2020
  • ShiftPixy: Florida, 2020
  • The Daily Wire: Tennessee, 2020
  • Titans of CNC, Inc.:Texas, 2020
  • Saleen Performance Parts: Texas, 2020
  • Amazing Magnets: Texas, 2021
  • Alpha Paw: Texas, 2021
  • Moov Technologies: Arizona, 2021
  • Huckleberry Insurance: New York, 2021
  • ProfitPay Technologies: Nevada, 2021
  • Nissei America, Inc.: Texas, 2021
  • Markaaz: Texas, 2021
  • Flannery Trim: Texas, 2021
  • SmartAction: Texas, 2021
  • Darvis: Tennesse, 2021
  • AHV Communities: Texas, 2021
  • Andamiro USA Corp.: Texas, 2021
  • AFC Finishing Systems, Inc.: Idaho, 2021
  • Precision Swiss Products: North Carolina, 2021
  • Ocean Aero Inc.: Mississippi, 2021
  • Cangshan Cutlery Company: Texas, 2021
  • OrangeGrid: Texas, 2021
  • Old Gringo Boots: Texas, 2021
  • Gordon Ramsay North America: Texas, 2021
  • The Rubin Report: Florida, 2021
  • American Technologies Network, Corp. (ATN): Florida, 2022
  • Noodoe: Texas, 2022
  • Shelter Distilling: Colorado, 2022 (source)
  • Sovereign Flavors: Texas, March 21, 2022 (source)
  • HackEDU: Pennsylvania, April 18, 2022 (source)
  • 828 Productions: New Mexico, August 19, 2022 (source)
  • Cellipont Bioservices: Texas, August 30, 2022 (source)
  • Runa Capital: Luxembourg, September 13, 2022 (source)
  • Confer Inc: Texas, September 15, 2022 (source)
  • Integrated Defense Products: September 19, 2022 (source)

 

Sources:

  1. News stories linked to from within the table
  2. The California Book of Exoduses compiled by California Policy Center
  3. Hoover Institution at Stanford

 

Why are companies leaving California?

I’ve pulled out notable phrases that company leaders mentioned when explaining their decision to leave California. Here are some samples to give you an idea:

  • Finding a place that is “easier to hire talent
  • In search of a “great talent pool” (in the new city and state)
  • Seeking a “more sustainable place to do business
  • There is an “increasing intolerance and monoculture of Silicon Valley
  • Seeking “a strong economic climate with low taxes, reasonable regulations and a high-caliber workforce”
  • Moving for “our business needs, opportunities for cost savings, and team members”
  • There were “some symmetries in the way that the Bay Area works that just didn’t really work well for us”
  • “Arizona provided the ideal conditions of being business-friendly, offering a high quality of life at reasonable cost”
  • Employees can be homeowners in Texas, “which in the Bay Area is virtually impossible”
  • In California, local rules could dictate how the company chooses board members, for instance”

See Also: Every Major Company CEO Stepping Down | California’s 4-Day Work Week Bill

 

How many businesses are leaving California?

The Hoover Institution at Stanford published an analysis in 2022. According to the analysis…

352 companies moved their headquarters to other states just in the period from January 1, 2018, through
December 31, 2021. In 2021, California business headquarters left the state at twice their rate in both 2020 and 2019, and at three times their rate in 2018.

Here are the company departures by year:

  • 2021: 153
  • 2020: 75
  • 2019: 78
  • 2018: 46

 

Where are they going? Primarily, Texas.

Companies Leaving California - destinations

In my list current list, there are 53 companies leaving California between 2020 – 2022 with more than 100 employees. They’ve moved to 16 different states. Of those states, here are the biggest beneficiaries:

  • Texas: 23 (43%)
  • Arizona: 5 (9%)
  • North Carolina: 4 (8%)
  • Tennessee: 3 (6%)
  • Florida: 3 (6%)
  • Colorado: 3 (6%)
  • Ohio: 2 (4%)
  • 9 states: 1
  • Multiple locations: 1

 

Did I miss a company? Submit an announcement here.

Fill in the form below and we’ll add your recommendation to the list (and give you credit, if you want it):

In case we have a question
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About the author

Henry OLoughlin

Hi, I'm the founder of Buildremote. I have worked from home for a decade and run a fully remote, four-day work week company for eight years. I've made all of the mistakes running a remote company. I hope if you read my site, you'll be spared.

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