JP Morgan, the American investment bank and financial services company, has revealed its intention to hire about 4,000 technology professionals, with experience, for its India offices in 2021.
Its present workforce strength in India is more than 35,000 located across its support centres in Mumbai, Hyderabad and Bengaluru. Considering that technology plays an important part when it comes to the Bank’s client support and business strategies. Therefore, to further strengthen its expertise in artificial intelligence, machine learning, cloud, big data, cybersecurity, and digital platforms, it is on the lookout for technical experts in these fields.
Most of the hires will be working at the Bengaluru centre.
Meanwhile, in the UK, the Bank has intensified its efforts to get employees to return to working from the office, for at least part of the week, starting mid June. The Bank is looking forward to following a consistent schedule in a month’s time.
However, only 50 per cent occupancy will be allowed in its London and Bournemouth centres. The final decision will be based on the local situation with regard to the COVID, mobility restrictions and government guidelines.
Last month, in the US, the Bank had announced that going forward, it sees about 10 per cent of its staff working from home full time, while the rest will follow a hybrid model. That is, they will be working from office for part of the work week. The Company plans to adopt an ‘open-seating’ arrangemen, with online tools that will help arrange seats, amenities and conference room space.