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Richard Rider

Second biggest CA business reportedly is moving its HQ from SF to TX

Recent reports have indicated that McKesson Corp — the sixth largest Fortune 500 company — may well be preparing to move its HQ from San Francisco to Texas. Apparently the company has already sold its SF HQ building. In California, only Apple is larger than McKesson. McKesson employs over 75,000 people. https://calwatchdog.com/2018/11/19/second-largest-ca-firm-may-be-preparing-for-move-to-texas/

In addition, in recent years State Farm has been moving most of its extensive California bureaucracy out of the Golden State. This has been little noticed by the press.

https://www.bakersfield.com/news/departure-of-state-farm-could-hurt-but-no-one-knows/article_f746b1f1-0d5c-56a4-904f-f0435a07daaf.html