Pandora to Expand in Atlanta Because Oakland Is Too Costly (1)

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I have bought some stocks to Pandora in my belief that the company is about to Turn around and make shareholders happy...And this article talks about Pandora's plan to move out of Bay Area to Atalanta...because Oakland is too damn expensive.... So the question is.....what if more and more Silicon Valley companies decide to leave Bay Area. Will the housing boom end in Silicon Valley? May be Silicon Valley housing market crash is within few years? "The plan is “a significant opportunity to add instrumental talent in a region with lower costs than the company’s headquarters,” Pandora said Wednesday in a statement. Pandora, which had almost 2,500 employees at the end of 2016, is also cutting 5 percent of its workforce as part of a plan to save $45 million a year." https://www.sfgate.com/busines...

regidk · Feb 17, 2018 9:52 AM · 376 views

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