Oracle lured to Texas by lower payrolls and labor pool Nico Grant, Bloomberg News VIDEO SIGN OUT Oracle Corp.âs surprise decision to shift its headquarters to Texas from California marks a strategic realignment for the Silicon Valley stalwart thatâs likely to yield long-term financial benefits such as lower payroll costs and the potential to more easily recruit future employees. The worldâs second-largest software maker said last week that it would no longer designate its long-time base in Redwood City as its main office, ending an era for a company that helped define the technology industry through the 1980s and 90s. The embrace of Texas seems designed to curtail costs over time, in contrast to the San Francisco Bay Area, which has grown increasingly expensive for corporate payrolls and individuals.