Following in the footsteps of scores of other employers that have relocated to more business-friendly states, Hewlett-Packard announced Wednesday that it's moving its global headquarters from San Jose, CA to Houston, TX and with it, thousands of jobs. Citing "business needs, cost reduction opportunities, and team members' preferences for the future of work," HP plans to complete the move to Houston by early 2022. This is just the latest example of how California's, uh, rather challenging tax and regulatory environment continues to drive employers from the Golden State. HP's fabled rise began in 1938 when Bill Hewlett and Dave Packard started the tech-giant-to-be in a garage they had rented in Palo Alto, CA.
"See Ya Later, California!" Hewlett-Packard Moves Its HQ From Silicon Valley To Texas
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