Singapore's Q3 2026 retrenchments reach about 4,800, highest since Q4 2020
Key points
- About 4,800 retrenchments in Q3 2026, up from 4,620 in the prior quarter
- Up about 3.9%, the highest since Q4 2020 (about 5,640)
- Business reorganisation was the key reason; jobs were also created in the period
Singapore recorded about 4,800 retrenchments in Q3 2026, up about 3.9% from 4,620 in the prior quarter, according to the Ministry of Manpower's Labour Market Advance Release. It is the highest since Q4 2020, when about 5,640 were retrenched. Business reorganisation was the key reason, and jobs were also created in the period.
Original report: Jagran Josh ↗Edited with AI assistance. Facts are based on official sources and original reports.