'It is undeniably an incredibly competitive landscape'
TD Bank Group plans to hire over 2,000 technology roles in 2022 with a specific focus on key skills in new technologies and processes.
"As we continue to evolve the colleague and customer experience, growing and empowering skilled technology talent will be critical to our overall strategy to become a forward-focused organization," says Greg Keeley, senior executive vice president of platforms and technology.
The technology strategy at TD includes acceleration of public cloud-based technologies to increase the speed of delivering new digital products and services to customers and enable colleagues to collaborate in new ways. The bank has been focused on hiring talent with skills in cloud, dev ops, machine learning, and automation alongside internal training and re-skilling of colleagues in these areas.
"It is undeniably an incredibly competitive landscape as financial services compete with big tech and fintech for top talent in the industry," says Keeley.
In June 2021, IBM announced it would be merging four Toronto-based offices into a single flexible workspace in the downtown core. It was also opening 500 new positions for workers in the Greater Toronto Area, and 800 overall across Canada.
Also last year, PwC, Microsoft and HCL Technologies announced plans to recruit thousands of workers.