DBS to hire over 2,000 this year despite pandemic

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Singapore – South-east Asia’s largest lender DBS on Thursday said it is committed to hiring more than 2,000 people in Singapore this year, notwithstanding the current economic downturn caused by the Covid-19 pandemic.

More than 1,000 of these job openings are new roles which are a mix of openings for fresh graduates to apply as trainees, as well as more specialised roles for seasoned professionals.

There will also be no change to DBS’s annual internship programmes which are expected to offer some 400 roles in 2020, the lender said in a press statement, adding that these internships give students the opportunity to “put their academic skills to the test in a real-world work environment”.

The bank has some 12,000 staff in Singapore, and said it has reassured staff that there will be no layoffs amid the tepid job landscape. It did not disclose how many people it usually hires in a year for comparison.

In line with DBS’s ongoing digitalisation efforts, over a third – or more than 360 – of the new permanent roles being created this year are for seasoned professionals in growth technology areas.

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