The John Kobylt Show

The John Kobylt Show

Listen to John Kobylt Weekdays from 1 PM - 4 PM on KFI AM 640!Full Bio

 

It's Not Just People Leaving California These Days... Companies Are Too

So, how bad is it in California?

Turns out the state has become such a dumpster-fire that not only are people leaving the state to move elsewhere, companies are now too...

According to a new study by Spectrum Local Solutions, companies are leaving California due to its "difficult business climate," which only continues to worsen. The study claims that 660 different California-based companies have already moved their more than 765 facilities to other states. And that's only in 2018 and 2019...

“California companies leave because the state’s business climate continues to worsen, particularly with the harsh employment, immigration and spending measures that Gov. Gavin Newsom has approved,” the study’s author, Joseph Vranich said. “I foresee more exits because California politicians have a level of contempt for business that has reached epic lows.”

And Vranich knows what he's talking about, because he just did it! He relocated his consulting firm, Spectrum Location Solutions, from Irvine to a suburb of Pittsburgh just last year.

“Company departures are understandable when CEO's nationwide, surveyed by Chief Executive Magazine, have for 15 consecutive years declared California the worst state in which to do business,” he said.

According to PRWeb, more than 1 million people have left the great state of California in the past decade too.

Have YOU left California yet?


Join the conversation with Yappa

Sponsored Content

Sponsored Content