Security National is "re-domicile-ing" its headquarters to Louisiana, Rob Arkley said in a radio interview aired on New Year’s Day, and the Lost Coast Outpost says the firm has been laying off workers.

"Tax wise it's kind of a no brainer," Arkley told KINS Radio's Brian Papstein on Tuesday's prerecorded edition of Talk Shop. "We're creating a good tax efficient strategy so that California doesn't whack a whole bunch of our money."

Arkley hasn’t returned a call from the Journal inquiring about the layoff reports.

Listen to the interview here (skip to 13:40 for the section referenced above.)