Amazon could take over some of Citigroup's office space in Singapore, as the latter would like to restrict their office space after the 10-year lease expires.
The e-commerce giant will reportedly rent three floors of Asia Square Tower 1 in the heart of the CBD, which spans around 90,000 square feet.
Earlier this month, Amazon announced that there would be another hiring frenzy in the US. It is planned to bring more than 100,000 employees on board to support increasing demand for online shopping amid COVID-19.
The company opens over 33,000 corporate and technology roles. Employees hired for these positions receive an average compensation of $ 150,000, including salaries, stock-based pay and benefits.
Amazon is currently hiring over 200 jobs in Singapore, according to its careers page. These roles range from sales, advertising and account management to business and dealer development to solution architects.
According to the Business Times and The Straits Times, those plans have not yet been released, according to these sources, and employees will be moving into the new office space in early 2021.
Amazon under control for unethical working conditions
Amazon Singapore has a 4.3-star rating for Glassdoor. 92 percent agree with billionaire founder Jeff Bezos and 87 percent say they would recommend the company to a friend.
Jeff Bezos, CEO of Amazon / Image Credit: Telegraph UK
However, the e-commerce giant has come under fire in recent years for a litany of unethical business practices.
Last year, 600 employees at an Amazon warehouse signed and submitted a petition calling for better working conditions.
Earlier this year, hundreds of workers started a virtual rally to hold a widespread protest, and Amazon employees were reportedly fired for speaking out against the company.
According to protesters, Amazon's work environment is very stressful and dangerous.
A 2020 study by Reveal found that employees at Amazon's warehouse and fulfillment centers reported more than 14,000 serious injuries in 2019.
The article further highlights that Amazon recorded an average of 7.7 serious injuries per 100 employees, 33 percent more than four years ago.
The rate is more than double the industry standard, a worrying statistic given the widespread allegations against Amazon.
While Amazon has sparked controversy overseas, its Singapore office has silenced working conditions inside the company.
In addition, workers covered by the Singapore Employment Act are protected by a number of laws, including the right to at least one day of rest per week and a limit of 44 hours per week.
Selected image source: TechCrunch