[jjeaff]

I would assume few businesses that move would convince a significant number of their employees to move.

In other words, I can't imagine very many businesses with lots of employees moving at all.

[refurb]

There have been a few very large companies who have moved their headquarters out of state. From what I can remember, McKesson (top 3 drug distributor), Schwab.

Of course they are headquarters, not the entire companies, so it's still only a few thousand.

Regardless, I don't think California is hurting for companies. At least not right now.