[whatok]

Relevant text: 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. Depending on their role, this means that many of our employees can choose their office location as well as continue to work from home part time or all of the time. In addition, we will continue to support major hubs for Oracle around the world, including those in the United States such as Redwood City, Austin, Santa Monica, Seattle, Denver, Orlando and Burlington, among others, and we expect to add other locations over time. By implementing a more modern approach to work, we expect to further improve our employees’ quality of life and quality of output.

[dmode]

What does this mean ? What does a HQ mean when people are permanent WFH ?

[aaomidi]

It means less taxes and less strict labor laws.

[gallego2007]

I read this as the US Central time zone is convenient for working with people on both Coasts and those working remote.

[hbcondo714]

Name anchor link to this text: https://www.sec.gov/Archives/edgar/data/1341439/000156459020...

Interesting this sentence is at the end of this 40+ page document under the section "Other Information". The very first page says 2300 Oracle Way Austin, Texas but their previous quarterly reports shows 500 Oracle Parkway Redwood City, California

[muzz]

That seems represent the actual event that occurred, ie a changing of HQ address.

Yet many are assuming that employees will be moving from CA to TX, despite no indication of that.

[muzz]

Funny that the don't mention Bangalore, where they have more people than HQ