Singapore still hiring tech talent though mass layoffs taking place among global heavyweights

Singapore: Despite mass layoffs at tech firms — from Meta and Twitter to Amazon and Shopee — professionals are nonetheless still in demand as companies of all stripes look to develop digital capabilities.

Hotspots of business activity and recruitment remain even as parts of the tech industry cool amid rising inflation and interest rates as well as the changing post-pandemic landscape, Channel News Asia on Wednesday cited analysts as saying.

At Oversea-Chinese Banking Corporation (OCBC), one of the largest local banks in Singapore, some technology teams have doubled in size over the past two years, such as those in blockchain, artificial intelligence, and augmented reality.