Home / Market News / McKesson moves HQ to Las Colinas, Texas from San Francisco

McKesson moves HQ to Las Colinas, Texas from San Francisco

McKesson Corp. said late Friday it is moving its San Francisco headquarters to Las Colinas Texas. McKesson stock is flat after hours. The company said the move will be effective April 1, and the company will move “most” San Francisco Bay Area jobs to Las Colinas and other locations by Jan. 1, 2021. McKesson said that it will keep 1,400 jobs in the Bay Area and the company will move 500 jobs from San Francisco to elsewhere around the country. McKesson stock has fallen 20% this year, as the S&P 500 index has gained 2.4%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Read Full Story