It's Not Just People Fleeing The Bay Area! Businesses Are Leaving, Too!

You've seen houses all over the Bay Area with "for sale" signs in their yard but more and more businesses are now moving out of the Bay Area too!

From Chevron to the North Face to Jamba Juice, recent years have seen a number of high-profile relocations of headquarters and downsizing of Bay Area offices, with companies citing factors such as relatively high taxes, burdensome regulations, and labor costs that must keep pace with a sky-high cost of living.

Some other states are actively targeting California companies. Arizona and Texas, just to name a couple, have tried to seduce companies away from California.

To see what businesses are leaving the Bay Area, click here.

Jack and Carolyn talked about it on the air! Listen below!

Photo: Getty Images.

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