Global investment banking, securities and investment management firm Goldman Sachs expanded its footprint in Hyderabad with the opening of a 3.51 lakh square feet office, across nine-storey, on October 5.
The facility, to accommodate about 2,500 employees, will serve as a centre of excellence for the firm’s client onboarding efforts and house platform engineering and global enterprise partnerships, Goldman Sachs said after Industries and IT Minister K.T.Rama Rao inaugurated the facility in the presence of members of its senior leadership.
Hyderabad operations of the firm began in March 2021 with functions across engineering, finance, human capital management and consumer business services as well as opportunities across emerging technologies such as cloud computing, artificial intelligence, and machine learning. Currently, there are over 1,500 professionals in Hyderabad of which over 75% are new hires - internal transfers from its office in Bengaluru also happened.
