Insiders: Oracle HQ Move To Nashville Threatens Kansas City Economy

Biz news puts a dire perspective on the future for one of the formerly biggest private employers in the Kansas City metro. 

A quick quote . . .

"I know that quite a few voters are opposed to the actions of 'welfare for billionaires' but look around and notice that the businesses keep moving away as the local political climate in the metro becomes increasingly hostile. From both conservatives and progressives, KC metro is becoming known for being unfriendly to business and that's a BIG PART of the reasons we're losing jobs."

To start, here's a bit of corporate chuckling long after the decline of Cerner and new rule under tougher bosses . . .

“We're moving this huge campus, which will ultimately be our world headquarters,” Ellison said. “We're moving that to Nashville.” Ellison then joked that he “shouldn't have said that.”

Now check the more important local angle liberated from behind a paywall . . .

"News from Oracle Corp. co-founder and Chairman Larry Ellison that the company's headquarters will move to Nashville further cements what many in Kansas City have feared: The former Cerner Corp.'s center of gravity will be outside the area from now on.

"In addition to what it means for the thousands of now-Oracle Health employees in Kansas City, the tech giant's headquarters relocation from Austin also may shrink the company's local office footprint down the road. Oracle acquired Cerner for $28.3 billion in June 2022 as a crucial part of plans to bolster health care software product offerings."

Read more via www.TonysKansasCity.com link . . .

Oracle's Larry Ellison says planned Nashville campus will be company's 'world headquarters'

Oracle Corp. Chairman Larry Ellison says the business software giant's planned campus in Nashville, Tennessee, will serve as its world headquarters and place it in a city that's a center of the health care industry.

Oracle's HQ move to Nashville suggests further diminishment of KC's importance - Kansas City Business Journal

The potential to tap TIF to expand its south KC campus apparently wasn't enough to keep Oracle Chairman Larry Ellison from picking Nashville as the company's new HQ.

Developing . . .