Chevron to leave California for Texas
Chevron is selling its global headquarters in California as it continues to move its operations and employees to Texas, The Wall Street Journal reported Wednesday.
The oil giant sold 92 acres of offices in San Ramon as its workers continue to relocate to its Houston campus, where it has three times the number of employees that California has, according to the WSJ. Chevron will follow in the footsteps of other large companies like Tesla and American Airlines that have left California in recent years for various reasons. (RELATED: Biden Threatens To Investigate Oil Companies If They Raise Gas Prices During Hurricane Ian)
“The current real estate market provides the opportunity to right-size our office space to meet the requirements of our headquarters-based employee population,” a Chevron spokesperson told the Daily Caller News Foundation. “Chevron will remain headquartered in California, where the company has a 140-year history and operations and partnerships throughout the state.”
Chevron plans to move into a temporary space that is smaller to accommodate its dwindling number of California-based employees, the spokesperson said.
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Califronia is a hostile work environment for energy companies. But energy companies are not the only ones leaving the liberal area.
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