201 large companies of 100 employees or more have moved out of California from 2018 to 2022. But just this year alone, the number has nearly doubled to 354 — with 153 and counting leaving the state this year so far.

A website named BuildRemote has been tracking the fleeing companies, so we won’t put a list here. But the site also listed some phrases companies used to announce they were leaving the state.

Here are a few of those phrases that show just how unfriendly California is to business:

  • Finding a place that is “easier to hire talent.”
  • In search of a “great talent pool” (in the new city and state)
  • Seeking a “more sustainable place to do business.”
  • There is an “increasing intolerance and monoculture of Silicon Valley.”
  • Seeking “a strong economic climate with low taxes, reasonable regulations, and a high-caliber workforce.”
  • Moving for “our business needs, opportunities for cost savings, and team members.”
  • There were “some symmetries in the way that the Bay Area works that just didn’t work well for us.”
  • “Arizona provided the ideal conditions of being business-friendly, offering a high quality of life at a reasonable cost”
  • Employees can be homeowners in Texas, “which in the Bay Area is virtually impossible.”
  • “In California, local rules could dictate how the company chooses board members, for instance.”

The site added that more than 350 are gone:

  • 2021: 153
  • 2020: 75
  • 2019: 78
  • 2018: 46

And where are they going? Why, Texas, of course.

  • Texas: 27 (44%)
  • Arizona: 5 (8%)
  • Colorado: 4 (7%)
  • North Carolina: 4 (7%)
  • Florida: 3 (5%)
  • Tennessee: 3 (5%)
  • Ohio: 2 (3%)
  • Multiple locations: 2
  • 11 states: 1

Cross-Posted With IPatriot