Amazon to take Citigroup office space in Singapore’s finance hub

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Amazon will lease three floors covering about 90,000 square feet at Asia Square Tower 1 as Citigroup trims some of its office space. YahooFinance

The online retail giant will lease three floors covering about 90,000 square feet at Asia Square Tower 1 in the heart of the financial district, according to people with knowledge of the plans. Staff will move into the new offices early next year, the people said, asking not to be identified because the plans aren’t public.

Job OpeningsAmazon currently has about 200 job openings in Singapore for roles covering data analytics, sales and advertising, business development, marketing and public relations, according to its career site. Cutting CostsCitigroup is among financial firms around the world that are grappling with what post-pandemic working life will look like, with some companies such as Nomura Holdings Inc. and Fifth Third Bancorp seeing opportunities to cut costly real estate by keeping a portion of staff at home.

 

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Amazon to take Citigroup office space in Singapore's finance hub[SINGAPORE] Amazon is planning to take over some of Citigroup's office space in Singapore at a time when a number of the e-commerce giant's Chinese tech rivals expand in the city state. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »