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Originally Posted by muertecaza
Wow, yes, great for Tempe, great for Watermark, and hopefully great to encourage the other big office projects like Tempe Depot and the Novus stuff to build on spec if necessary.
The $43B is their market cap.
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Yeah, they're not a fortune 500 but they are a fortune 1000 at number 888. That's a big win.
The company’s San Jose campus remains the hub for its global innovation, product, and marketing organization and will become home to its new Digital Innovation Center, currently under construction. As part of the new corporate headquarters move, Align Technology President and CEO Joe Hogan, CFO and Senior Vice President, Global Finance John Morici, Senior Vice President, Chief Legal and Regulatory Officer Julie Coletti, and Senior Vice President, Global HR Stuart Hockridge have relocated their offices to Tempe. Approximately 150 employees, mostly in corporate general and administrative (G&A) roles, have been offered relocation packages. These employees have the option to relocate to Tempe or to continue working from their current locations. Relocation is not required and there are no layoffs associated with this move.