Singapore Retrenchments Rise in Q1 2026 as Job Vacancies Fall
Singapore’s labour market is undergoing a structural shift, with retrenchments rising to 3,830 in the first quarter of 2026—the highest quarterly figure since late 2023—even as total employment continues to grow. According to the Ministry of Manpower (MOM), this trend reflects a transition toward “white-collar reorganisation” rather than a broad-based economic downturn, with companies increasingly … Read more