Frankly, I was a little surprised about how badly the local S.D. economy is doing these days. I would have thought that the economy is more diverse than say the Bay Area (which is concentrated in tech).
It might be diverse, but one thing I’ve noticing it’s only diverse in the sense that S.D. hosts a lot of companies that aren’t HQ’d here. So it seems like when the economy contracts, and companies need to cut heads, they start by closing remote locations. That said, how many major employers are either (1) hq’d here or (2) have an office that accounts for more than 30% of the entire company’s workforce? Don’t have an answer to that question.
