I don’t know about these specific finance firms but in Texas companies move corporate headquarters for tax benefits but don’t move the workers.
Space X and Tesla made a big deal about moving to Texas but it was recently announced they are closing the small engineering teams and moving the ‘engineer headquarters’ back to Silicon Valley.
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I don’t know about these specific finance firms but in Texas companies move corporate headquarters for tax benefits but don’t move the workers.
Space X and Tesla made a big deal about moving to Texas but it was recently announced they are closing the small engineering teams and moving the ‘engineer headquarters’ back to Silicon Valley.