this post was submitted on 29 Oct 2023
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Virgin Atlantic suspends its route from London to Austin because it says the city's tech boom is over::Virgin Atlantic in a Friday statement said that in Austin "demand in the tech sector is not set to improve in the near term."

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[–] henfredemars@infosec.pub 161 points 1 year ago* (last edited 1 year ago) (1 children)

My employer had an office there. We actually closed it down recently and offered relocation to all our employees at this office. Before that, we had people leave that office voluntarily because they were concerned about their individual liberties, generally healthcare and access to family planning services.

A lot of our tech employees are around that age where they're starting families and raised some important access concerns to us.

We soon realized that there just wasn't a compelling enough reason to stay in Austin, the office was shrinking... so we closed up.

[–] Potatos_are_not_friends@lemmy.world 69 points 1 year ago (1 children)

I thought we were the only one! We had a small office for about 10 employees. We were planning on expanding and buying a building. But then, we just made them all remote and stopped that Texas expansion.

Why? Because it's REALLY F'en hard to have a tech company when power can't be guaranteed.

[–] Mafflez@reddthat.com 32 points 1 year ago (1 children)

It's almost like Texas in general is a shit hole and tech companies shouldn't bother with the state in general. I have no clue why there even was a boom in Austin due to the stupidly shit power grid in the first place.

Mostly because for a while, Austin had dirt-cheap corporate real estate.