The Investment Banker is one amongst many large firms attempting mass-hiring in India. (Image by Shutterstock/ Representational)
Goldman Sachs aims to expand its global centre for engineering and business innovation in India, as well as growing its global reputation, hence the hiring.
Goldman Sachs announced in a press release on Monday, that it will be hiring over 2,000 employees by 2023. On June 19, the investment banking institution said that it will be opening its offices in Hyderabad as part of its commitment to expand its global centre for engineering and business innovation in India.
“In adherence to local government guidelines, Hyderabad operations commenced remotely in March 2021 and currently have about 250 employees…of 2021 it is expected that the Hyderabad office will grow to 800 employees of which about 70 per cent employees will be new hires. size of Hyderabad office could reach as many as 2,500 employees,” it said. The new facility was inaugurated by the Telangana IT and Industries Minister, KT Rama Rao.
The Chairman and Chief Executive Officer (CEO), David M Solomon added that the new office would serve as a ‘crucial innovation hub’ for a wide range of Goldman Sachs’ businesses and that it would play a part in enhancing its reputation as a global firm.
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Source: News18