Prepare yourself, Boston. Yet another major player in the tech industry is about to open larger offices in city and to begin hiring. PayPal has signed a seven-year lease for 65,000 square feet, spanning two stories in the towers at One International Place.
Moving into the heart of Boston’s Financial District—which is more accustomed to law firms and, of course, financial firms—may seem like an odd move for the technology giant; however, this is not a case of ‘square peg in a round hole.’ While the Innovation District would seem like a more natural fit, the leases in the Financial District are far more affordable. And everyone knows that great talent and innovative thinkers can be found throughout the greater Boston area.
Initially, PayPal will move just the 150 employees from its North End location into the new space. Going forward, though, the company will use One International Place as its Northeast headquarters. With so much new space to fill, if you are interested in a job in the tech industry, this is definitely a company to watch. It seems all but certain that PayPal will soon be hiring in the area to fuel its expansion.
Technology is so much a part of Boston that it clearly cannot be contained in a single district. The booming high tech sector seems to know no boundaries as firms spring up throughout the Bay State. I’ll be interested to see if the laid-back attitude associated with computer programmers and software engineers will rub off on PayPal’s new neighbors: Citigroup Global Markets and Morgan Stanley Institutional Services. Somehow, I don’t think so.
Naturally, PayPal is not the only company hiring in Boston. If you’re looking to further your career, to change your career path, or are currently unemployed, take a minute to peruse our list of job openings at companies across the Greater Boston area. Also, if you would appreciate a few pointers from a Boston tech insider before you head off to your interview, be sure to check out CareerEncore tips and tricks.
For more information, check out http://bit.ly/RdPrq6, http://bo.st/Mff2sf, and http://bit.ly/QCdeOQ
Image Credit: PayPal logo (http://bit.ly/QMBRJb), Boston Skyline (http://bit.ly/NnExtL)