Politics

Over 350 Companies Have Fled Liberal California Since 2018

There has been 201 large companies of 100 employees or more that have moved out of California from 2018 to 2022. But just this year alone, the number has nearly doubled to 354 — with 153 and counting leaving the state this year so far.

A website named BuildRemote has been tracking the fleeing companies, so we won’t put a list here. But the site also listed some of the phrases companies used as they announced their leaving of the state.

Here are a few of those phrases that show just how unfriendly California is to business:

  • Finding a place that is “easier to hire talent“
  • In search of a “great talent pool” (in the new city and state)
  • Seeking a “more sustainable place to do business“
  • There is an “increasing intolerance and monoculture of Silicon Valley“
  • Seeking “a strong economic climate with low taxes, reasonable regulations and a high-caliber workforce”
  • Moving for “our business needs, opportunities for cost savings, and team members”
  • There were “some symmetries in the way that the Bay Area works that just didn’t really work well for us”
  • “Arizona provided the ideal conditions of being business-friendly, offering a high quality of life at reasonable cost”
  • Employees can be homeowners in Texas, “which in the Bay Area is virtually impossible”
  • “In California, local rules could dictate how the company chooses board members, for instance”

The site added that more than 350 are gone:

Will this presidential election be the most important in American history?

  • 2021: 153
  • 2020: 75
  • 2019: 78
  • 2018: 46

And where are they going? Why, Texas, of course.

  • Texas: 27 (44%)
  • Arizona: 5 (8%)
  • Colorado: 4 (7%)
  • North Carolina: 4 (7%)
  • Florida: 3 (5%)
  • Tennessee: 3 (5%)
  • Ohio: 2 (3%)
  • Multiple locations: 2
  • 11 states: 1

Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston, or Truth Social @WarnerToddHuston

Cross-posted with iPatriot

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Warner Todd Huston

Warner Todd Huston has been writing editorials and news since 2001 but started his writing career penning articles about U.S. history back in the early 1990s. Huston has appeared on Fox News, Fox Business Network, CNN, and several local Chicago News programs to discuss the issues of the day. Additionally, he is a regular guest on radio programs from coast to coast. Huston has also been a Breitbart News contributor since 2009. Warner works out of the Chicago area, a place he calls a "target rich environment" for political news.

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