Singapore Q3 Layoffs Hit Highest Level Since 2020
Singapore reported rising layoffs in the third quarter of 2026 driven by business reorganizations. The manpower ministry noted that retrenchments reached their highest level since late 2020.
Singapore's quarterly layoffs reached 4,800 in the third quarter of 2026, marking the highest level recorded since late 2020. The increase was driven primarily by ongoing business reorganisations across outward-oriented sectors, according to the manpower ministry on Friday morning. This rise highlights emerging vulnerabilities in specific segments of the domestic economy despite broader employment growth.
