Zoom: Zoom to set up R&D centre and hire hundreds of engineers in Singapore – Latest News


Zoom Video Communications Inc stated on Wednesday it could increase its presence in Singapore by opening a analysis and growth centre and can instantly rent tons of of engineering employees for the brand new operations.

The video-conferencing providers supplier stated in an announcement that can be doubling its knowledge centre capability within the nation. The San Jose, California-based firm launched the Singapore knowledge centre, its first in Southeast Asia, in August.

The corporate has seen a surge in customers of its video conferencing service this yr, with thousands and thousands of staff and college students utilizing its video platform as they work and research from dwelling as a result of coronavirus-led lockdowns.

“We plan to instantly rent workers,” Velchamy Sankarlingam, president of product and engineering for Zoom, stated whereas floating the corporate’s growth plans.

Zoom stated it could choose the situation for its new centre as pandemic-related remote-work mode subsides, including to its present R&D facilities in the US, India, and China.

Singapore lately has been ramping up its efforts to lure corporations associated to know-how – together with international gamers reminiscent of Fb, Alphabet’s Google, and Chinese language tech giants Tencent and Alibaba – a sector it hopes will energy the city-state’s financial development.

Final month, the low-tax international enterprise hub introduced a brand new work visa for international executives of know-how corporations, even because it tightens broader immigration curbs to try to assuage fears over competitors for jobs on account of rising unemployment.

Zoom has beforehand stated its hiring plans for Singapore would come with engineers and gross sales employees. The corporate stated it has greater than 3,800 workers globally, however didn’t present a headcount for its Singapore operations.

Whereas the share worth has climbed about 500% in 2020, Zoom warned final month that margins would stay beneath strain subsequent yr as its excessive variety of free customers makes it exhausting to offset a spike in prices to take care of development.





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