Newly arrived Bank of the West may hire up to 1,000 people at a new office that will support company operations across the U.S.
“Our new facility in Tempe will be an important addition to our footprint and play a key role in our long-term growth,” said Nandita Bakhshi, president and CEO of the San Francisco-based financialservices company, in a statement.
Based on the ability to find workers and other factors, the office potentially could have about 1,000 employees by the end of 2018, according to a company spokesman.
It would be the company’s second-largest U.S. office outside those in the San Francisco Bay area and would support a full range of bank operations.
Bank of the West has 18 Arizona branches, primarily outside the Valley.
The site-selection process took about 18 months. As favorable factors, company offi cials cited Tempe’s “vibrant, centrally located community” that includes “a robust pool of talented
What this article doesn’t mention is the number of jobs being “right-shored” from the San Francisco Bay Area because the company is trying to cut costs with cheaper labor.
Bingo bango