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Oracle is trying to convince reluctant tech workers to join its Nashville, Tenn. \u201cworld headquarters\u201d with promises of a brand-new spacious office space and an in-house Nobu restaurant.<\/p>\n
A few years after moving Oracle\u2019s headquarters from Redwood City, Calif. to Austin, Texas, cofounder\u00a0 Larry Ellison publicly declared Nashville its \u201cworld headquarters.\u201d<\/p>\n
\u201cIt\u2019s the center of our future,\u201d Ellison, the company\u2019s chief technology officer and former CEO, said in 2024 of Nashville\u2019s increased importance for Oracle.<\/p>\n
The company committed $1.2 billion in capital investment over a decade and promised to add 8,500 jobs to the area. The same year, Tennessee state leaders gave the company a $65 million economic grant to \u201coffset costs companies incur when expanding or locating a business\u201d in the state.\u00a0<\/p>\n
As part of Oracle\u2019s development in the city, it tied itself to $175 million in infrastructure improvements such as park space along the east bank of the Cumberland River which runs through downtown Nashville, as well a pedestrian bridge that would link both sides of the river. The company can recoup its investment with reimbursements of 50% of its future property tax payments, the Tennessee Lookout<\/em> reported.<\/p>\n The new office, which Oracle senior vice president of global real estate and facilities Don Watson previously said in a statement would \u201cposition Nashville as a hub of AI innovation,\u201d will include 2 million square feet of office space as well as amenities like the upscale Nobu restaurant chain, which Ellison has included in his properties from Palo Alto, Calif. to Florida and the Hawaiian island of Lanai.<\/p>\n ?Oracle has reportedly offered some existing cloud employees based in other cities tens of thousands of dollars in incentives to move to Nashville, Bloomberg reported.\u00a0<\/p>\n Oracle did not immediately respond to Fortune<\/em>\u2019s request for comment.<\/p>\n Yet, dangling rich incentives and a future amenity-laden office has only gotten the company so far. Only about 800 workers are assigned to offices in Nashville, Bloomberg reported, citing documents, compared to more than 5,000 in Kansas City, Mo., the base for health records company Cerner which it acquired in 2021. Another 5,000 employees are based in Redwood City and Austin, collectively. The company logged a net gain of just seven employees in Nashville for 2025, the Nashville Business Journal<\/em> reported.<\/p>\n Employees have reportedly been reluctant to move to Nashville because of a potential ceiling on their future salaries due to the city being categorized in a lower geographic pay band than California, according to Bloomberg. Oracle aims to create 8,500 jobs in Nashville by 2031, with an average annual salary of\u00a0 about $110,000, according to a press release by the Nashville mayor\u2019s office from 2021.\u00a0<\/p>\n \u201cOracle will bring a record number of high-paying jobs to Nashville and they will pay upfront all the city\u2019s infrastructure costs. This is a huge win for our city,\u201d then-Nashville mayor John Cooper said in the statement.\u00a0<\/p>\n When reached for comment, the Nashville mayor\u2019s office referred Fortune <\/em>to the Nashville East Bank Development Authority, <\/strong>which was created in 2024 to \u201cencourage and promote the prompt and orderly development of the East Bank,\u201d where Oracle\u2019s new office will be built.<\/p>\n \u201cWe remain eager to do whatever we can to facilitate the construction of the new campus that has been publicly announced, and we believe that Nashville will only continue to grow as a center for advanced technology and related industries in the years ahead,\u201d said a spokesperson for the Nashville East Bank Development Authority.<\/p>\n Still, workers are wary of committing to a headquarters that exists largely on paper. The company\u2019s Austin location is still listed as the address on its filings with the SEC, and a list of \u201cUnited States Field Offices\u201d on Oracle\u2019s website still lists Austin as its \u201cworld headquarters.\u201d<\/p>\n<\/div>\n #Oracle #struggles #attract #workers #Nashville #world #HQeven #2millionsquarefoot #office<\/p>\n","protected":false},"excerpt":{"rendered":" Oracle is trying to convince r… <\/p>\n","protected":false},"author":1,"featured_media":12706,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[9027,273,662,1717,9022,9023,9026,1758,9024,426,1323,9025,953,4638,342,51],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/12705"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12705"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/12705\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/12706"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}