Good news for skilled workforce in capital markets – Goldman Sachs increasing employment in India

Initiatives by global companies to invest in India, especially in these uncertain times of COVID-19 reassure that one day everything will be alright

Goldman Sachs, New Office, Expansion, Hyderabad, Bengaluru, Capital Market, Jobs, Employment- True Scoop

Goldman Sachs is a world-renowned investment banker with branches all over the world and employs individuals of all skills levels and prides itself in being an equal opportunity employer. It has a presence in India, in Bengaluru, from more than two decades and serves Indian clients. About 6,000 people are employed in this branch. This campus is the company’s third-largest campus in the world. Some of the clients served by Goldman Sachs Bengaluru office include Reliance, ArcelorMittal, and Flipkart.

Reiterating its faith in India and its workforce, Goldman Sachs’ representatives sat together with Hyderabad’s IT and Industries Minister K T Rama Rao and IT Secretary Jayesh Ranjan via videoconferencing, and expressed its plans to open a new office in the state. The government officials promised complete support from their side for their plans and expressed their delight via official Twitter handle. The new branch will be a complement to the primary branch in Bengaluru and will be complementing in the company’s execution and support roles.

The motivation for the company is to diversify its geographic presence as well as enhance talent search. The company seems to have grand aims as it is mobilizing to be ready for bigger projects in the future. 

Also Read: Investors disregard COVID-19 as Initial Public Offers get oversubscribed

As per the office requirements, the company requires commercial real estate, residences for employees, availability of talented human resources, quality infrastructure in the city as well as support and commitment from the local government.

 As per the timeline, the new office is expected to begin operations in the second half of 2021. About 500 employees will be hired, and the scope for future expansion has not been ruled out. For college students, the website of Goldman Sachs advises to appear in the college placements as well as keep track of the jobs bulletin available on the website. For experienced professionals, they are advised to identify one or more suitable jobs and upload their latest resume. For learning more in-depth, the company blog may be referred.


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