Finding young people with computer skills is proving to be a surprising challenge for Banco Comercial Portugues SA, a company based in an area sometimes referred to as Europe’s hub for digital nomads.
The largest listed institution in Portugal is looking for engineers, mathematicians and digital marketing specialists to develop its online banking system. However, in the decade following the financial crisis, there has been a brain drain, leaving the nation devoid of youthful talent.
A coalition of the largest private enterprises in the country, Business Roundtable Portugal, estimates that about 40% of the country’s college graduates leave each year to find better employment and living opportunities elsewhere.
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