> Walmart is famously frugal, maintaining its headquarters in Bentonville, Arkansas, and insisting top executives locate there, too. But when it wanted to enter into e-commerce, it didn't pile software engineers into a new wing of its headquarters. "Instead it chose Brisbane, California, just 7 miles from downtown San Francisco, one of the most expensive labor markets in the world," Moretti notes.
— May 18, 2026 02:41PM
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