Singapore sees highest retrenchment rate since pandemic

Singapore recorded 4,620 retrenchments in the second quarter of 2026, the highest rate since 2020.

Published 4j1 sourceNotable

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The fact

These job cuts are linked to corporate reorganizations and restructuring.

The Ministry of Manpower attributes this rise to a sectoral economic slowdown.

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Auto-synthesis from 1 media source · identified on September 21, 2026