Indeed To Add Up To 500 Stamford Jobs
STAMFORD, CT — Gov. Dannel Malloy announced that job search company Indeed will invest $26.5 million to expand its Stamford offices.
The company plans to add as many as 500 new jobs in the coming years to expand its Stamford workforce to more than 1,200 employees.
The state will provide a 15-year $7 million low-interest loan to support the expansion and the company will be eligible for up to $15 million in tax credits and loan forgiveness if certain employment targets are met.
Indeed is used by more than 200 million people each month to search for jobs, post resumes and research companies.
“From our start in small offices in Stamford and Austin to our current position as the global leader in job search with over 5,000 employees worldwide, we have always had the mission of helping people get jobs,” Dave O’Neill, Indeed’s Chief Financial Officer said. “We have found a great talent pool in the State of Connecticut to help us achieve that mission, and we’re pleased to be continuing this successful partnership.”
Photo Credit: Alex Wong /Getty Staff
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Originally published July 12, 2017.
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