Oracle Corp. is planning to make Nashville its “world headquarters” to be closer to a major health care hub, reflecting the software giant’s ambitions in the industry.
Oracle, best-known for its database technology, moved its headquarters from Silicon Valley to Austin, Texas, in 2020, saying the shift would give more flexibility to workers. The company still maintains a large employee base in California, even after the move. Three years ago, Oracle pledged to create 8,500 jobs by 2031 in the region as part of a $1.35 billion office development in Nashville, according to the Nashville Business Journal. The paper, which earlier reported on Ellison’s comments about the new headquarters, noted that the company had more than 700 workers in the city at the end of 2023. It also said that construction hasn’t yet begun since Oracle paid $277 million for 70 acres of land on the East Bank of the Cumberland river.
Health Health Latest News, Health Health Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: NBCNewYork - 🏆 270. / 63 Read more »