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Oracle lured to Texas by lower payrolls, labor pool Nico Grant, Bloomberg FacebookTwitterEmail Oracle Corp. headquarters in Redwood City, Calif.Bloomberg photo by David Paul Morris Oracle Corp.'s surprise decision to shift its headquarters to Texas from California marks a strategic realignment for the Silicon Valley stalwart that's likely to yield long-term financial benefits like lower payroll costs and the potential to more easily recruit future employees. The world's second-largest software maker said last week that it would no longer designate its longtime base in Redwood City as its mai...

Oracle lured to Texas by lower payrolls and labor pool Nico Grant, Bloomberg News VIDEO SIGN OUT Oracle Corp.’s surprise decision to shift its headquarters to Texas from California marks a strategic realignment for the Silicon Valley stalwart that’s likely to yield long-term financial benefits such as lower payroll costs and the potential to more easily recruit future employees. The world’s 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 t...