Type
Business expansion
Country
Sweden
Region
Location of affected unit(s)
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

500 jobs
Number of planned job creations
Job creation
Announcement Date
28 June 2018
Employment effect (start)
1 August 2018
Foreseen end date
31 December 2018

Description

Swedish bank Swedbank has commenced with a major recruitment. About 500 digital specialists will be recruited by 2019. This includes programmers, software engineers and app specialists. About 100 people will be recruited on a monthly basis. Digital banking manager Lotta Lovén says that Swedbank needs to position itself in terms of the digital transformation to pave way for the future. Lotta Lovén adds there is a competence shift at the bank due the need for a new type of digital competences. The investments are expected to fit the bank's cost ceiling, also because many retiring employees used to have high wages.

There is no information regarding in which part of the country the new positions will be opened.


Sources

  • 28 June 2018: Breakit
  • 28 June 2018: Dagens Industri

Citation

Eurofound (2018), Swedbank, Business expansion in Sweden, factsheet number 94478, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94478.