While Global Banks Shed Jobs by the Thousands, Deloitte is Creating Them

On a day the market fell over 500 points at one point and giant banks like BofA and HSBC continue to eliminate thousands of jobs, one global firm announced its intention to create nearly 70,000 new positions over the next three and half years.

Deloitte Touche Tohmatsu Limited, which reported record revenues of $28.8 billion for the fiscal year ended May 31, 2011 said today it was growing its global workforce 35 percent from 182,000 to 250,000 by fiscal year 2015.

Talent and job creation

Deloitte hired 49,000 professionals in fiscal year 2011, including 12,000 new positions, resulting in a 7.1 percent increase in headcount compared to FY2010.

"Deloitte's talent growth reflects a commitment to creating sustainable careers and providing long-lasting growth opportunities for high-performing talent in a global economy that is increasingly in need of skilled labor," said Deloitte Touche Tohmatsu Limited Global CEO Barry Salzberg in a statement released today.

Salzberg noted that the firm has invested $300 million in Deloitte University, a new learning and leadership development facility near Dallas.

Among the areas considered of key importance are Deloitte's audit services along with its financial advisory, consulting practice, tax consulting and risk services.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries, with a globally connected network of member firms in more than 150 countries,