Goldman Sachs to hire several hundred in Warsaw over 3 years

Warsaw

GOLDMAN Sachs will hire "several hundred" employees for its Warsaw-based technology and operations units over the next three years, the US bank said on Thursday. The decision follows moves by Swiss banking giants UBS and Credit Suisse to expand their operation centres in Poland, seeking to benefit from the country's relatively inexpensive and skilled labour force.

"In a strategic decision, the firm will now expand its footprint in Warsaw," said Goldman Sachs spokesman for central and eastern Europe, Adib Sisani. "The expansion will be realised in a phased approach over the next three years to an office size of several hundred employees," he said.