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

Amazon 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.

A representative for Amazon declined to comment. A spokesperson for Citigroup confirmed the bank is giving up the space, but declined to say which tenant is taking over. Some consumer banking staff and employees in other functions will relocate to Changi Business Park where the bank has bigger premises and a long-term lease, he said.

Amazon, which has been rapidly expanding in Singapore over recent years, has existing offices in Capital Square and One George Street. A lease for the space being taken in Asia Square Tower 1 would typically be for more than five years.

Although the Singapore government has eased some restrictions around the virus such as allowing more workers to return to the office, remote work is still the default option. Citigroup is reviewing its work spaces due to the virus and looking at other ways of working to allow flexible arrangements, the spokesperson said.in Singapore in December as it aims for double-digit growth in the nation. 'Citi Wealth Hub at 268 Orchard' will open with space for more than 300 relationship managers and product specialists.For daily updates on weekdays and specially selected content for the weekend.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon to take three floors of Citigroup office space in Singapore's Asia Square Tower 1, say sourcesSINGAPORE (BLOOMBERG) - 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 are expanding here.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Amazon unveils payment by hand-wavingWASHINGTON — Amazon on Tuesday (Sept 29) unveiled a new biometric payment system using palm recognition, to be made available to rival retailers and also promoted as a replacement for badge entry at stadiums or workplaces.
Source: TODAYonline - 🏆 1. / 99 Read more »

Soaring Amazon deforestation splits Brazil's agriculture lobbyBrazil's biggest lobby group for soy farmers Aprosoja has broken ties with the Brazil Agribusiness Association (Abag) over its support for an ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Amazon to hold Prime Day event on Oct 13-14Amazon.com Inc said on Monday it would hold its annual shopping event, Prime Day, on Oct. 13 and 14 as the e-commerce giant aims for an early ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US charges former Amazon executive and her family members with insider tradingThe Securities and Exchange Commission on Monday charged a former finance manager at Amazon.com Inc. and two of her family members with insider ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Pasta, Wine and Inflatable Pools: How Amazon Conquered Italy in the PandemicNAPLES, Italy -- Ludovica Tomaciello had never shopped on Amazon before being trapped at her parents&39; house in March during Italy&39;s coronavirus lockdown. Bored one afternoon scrolling TikTok, she spotted hair scrunchies that she then tracked down and ordered on Amazon.When the package arrived
Source: YahooSG - 🏆 3. / 71 Read more »