01 March 2023

Thought Machine to expand headcount 20%

Written By FinTech Alliance in FinTech

Thought Machine to expand headcount 20%

Thought Machine is planning to increase its 550-person headcount

IN BRIEF:

- Thought Machine provides cloud-native core banking technology to a number of large incumbent banks

- Most of the new hires - about 125 people - will join in engineering roles in its HQ city London

- It will also open a new office in Miami this year as well as make its first hires in India, Japan, and South Africa

What does this mean?

“It’s not all doom and gloom in the technology sector. While many businesses are cutting staff, we are not taking this approach. We are proud of our strategic and selective hiring approach, our focus on hiring the best people in the industry, and our company culture. All of which has put us in a position to grow in these uncertain market conditions,” said Paul Taylor, CEO and founder of Thought Machine.

Read more here.

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