+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Goldman Sachs is hiring in an unlikely destination

Mar 17, 2017, 22:01 IST

f11photo/Shutterstock

When you think of Goldman Sachs employees, you might picture them working in global hubs like New York and London.

Advertisement

You can now add Bangalore and Salt Lake to that list. The two cities now house the third and fourth largest populations of Goldman Sachs staff.

Goldman has 10,000 staff in New York and New Jersey, which the firm considers one location. The bank's second-biggest office is in London, with about 6,000 staff.

In third place is Bengaluru, India, with about 5,000 employees. And Goldman's fourth-largest office in the world is now Salt Lake City.

The headcount in that office has grown by nearly 80% over the past five years and currently sits at around 2,200 people.

Advertisement

As of last year, about 25% of Goldman Sachs' staffed worked in lower-cost "strategic" locations around the world, including in Singapore, Warsaw, and Dallas, Texas.

The bulk of these jobs are in tech. Goldman Sachs said in 2015 that 41% of its tech workforce now work in low-cost locations, up substantially from previous years.

Get the latest Goldman Sachs stock price here.

NOW WATCH: Robert Shiller on what a rate hike will do to asset prices and who Trump shouldn't put in charge of the fed

Please enable Javascript to watch this video
Next Article