Silicon Valley’s Reputation as Primary Tech Hub Threatened by Coronavirus-Induced Talent Relocation
It's no news that Silicon Valley, San Francisco has been the hub for technological advancement and talent management for years. All the major tech companies in the world have their main branch at the Valley. Unfortunately, this tech hub might lose its grip in the industry due to the Coronavirus pandemic.
Tech Talent and Investors Flee Silicon Valley
Due to the prominence of tech companies in Silicon Valley, the cost of rent, food, and everything else is incredibly expensive. It is one of the most expensive places to live in the world. Now, as working from home becomes the norm, individuals and companies are moving to cheaper cities.
The latest company to announce its relocation is Oracle Corp. The tech company, which has a valuation of $180 billion, announced that it will be leaving ...