Method and system for reducing metadata overhead in a two-tier storage architecture

Example embodiments of the present invention relate to a method, a system, and a computer program product for maintaining dynamically loadable namespaces. The method includes presenting, to an application, a file system having a global single namespace (SN) comprising a plurality of dynamically-loadable namespaces (DLNs) maintained in a capacity tier (CT) of object storage of a storage system. In response to a job submitted by the application, dynamically loading a first dynamically-loadable namespace, including the metadata only for the first dynamically-loadable namespace, associated with the job from the capacity tier of object storage into a fast tier (FT) of storage of the storage system.