Tuesday, November 5, 2024

Goldman Sachs will hire over 2,000 employees for its new office in India

Goldman Sachs, an American investment bank and financial services company said in a statement that the company’s new Hyderabad, India office will hire over 2,000 employees by 2023

The company has announced the opening of its new office in Hyderabad as part of its commitment to expand its global centre for engineering and business innovation and in India, Goldman Sachs said in the statement.

In adherence to local government guidelines, Hyderabad operations commenced remotely in March 2021 and currently have about 250 employees.

By the end of 2021 it is expected that the Hyderabad office will grow to 800 employees of which about 70 per cent of employees will be new hires.

By 2023 the size of Hyderabad office could reach as many as 2,500 employees,” it said.

The new facility was inaugurated by Telangana IT and Industries Minister KT Rama Rao.

Chairman and CEO David M Solomon said the new office will serve as a crucial innovation hub for a wide range of Goldman Sachs’ businesses and enhance its reputation as a global firm. With PTI Inputs

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