JP Morgan plans to hire 4000 techies in India in this years, mostly in Bangalore
According to TOI report, JPMorgan Chase & Co., an American investment bank and financial services holding company is looking to hire around 4,000 experienced technologists in India in 2021.
The group said it hopes to hire 4000 techies in India, mostly in Bangalore. Currently, It has over 35,000 employees in technology and operations across Bengaluru, Mumbai, and Hyderabad.
The company said the hirings would be an add-on to headcount rather than a replacement of staff elsewhere.
Commenting on this, Gaurav Ahluwalia, Head- Human Resources, JP Morgan India, said, “Technology is critical to our client’s success and business strategy. We are always looking to grow our talent to support this, including in areas such as cloud, big data, AI, machine learning, digital platforms, and cybersecurity.”
“With a $12 billion annual budget and more than 50,000 technologists globally, our focus on technology has a direct impact on the productivity, performance, and satisfaction of our global clients as well as the firm’s 250,000 employees worldwide. This is why we continue to make significant investments in technology and the people who build it,” Ahluwalia said.
Today, JP Morgan also announced that it will step up the return of all of its employees in England to working at least part of their week in its offices from June 21st, 2021. However, the company will still cap occupancy at 50% in its main London and Bournemouth hubs, it said, and the plans are dependent on there being no changes to government plans to ease remaining COVID-19 related restrictions.