In a stunning corporate shake-up, Playboy has announced it is packing its bags and leaving California behind for sunnier shores in Florida. The iconic brand’s CEO didn’t mince words, calling California’s business environment 'hostile' and 'anti-business.'
The move marks a significant shift for the legendary company, which has long been associated with California’s glitz and glamour. But soaring costs, regulatory hurdles, and what the CEO describes as an 'increasingly difficult' operating climate have forced Playboy’s hand.
Why Florida?
Florida’s business-friendly policies, lower taxes, and growing corporate appeal made it the obvious choice for Playboy’s new headquarters. The Sunshine State has been attracting major companies in recent years, with CEOs praising its pro-growth stance.
'We needed a fresh start in a place that values entrepreneurship and innovation,' the CEO stated. 'Florida offers exactly that.'
California’s Loss, Florida’s Gain
The relocation is another blow to California, which has seen an exodus of businesses amid rising costs and regulatory pressures. Critics argue the state’s policies are driving away jobs and investment, while Florida continues to welcome new enterprises with open arms.
Playboy’s departure is expected to be completed in the coming months, with the company already scouting locations in Florida for its new base.
