Singapore recorded 4,800 retrenchments in July–September 2026, the highest quarterly total since late 2020, as corporate restructuring continued to drive job cuts, according to preliminary Ministry of Manpower data. The figure rose from 4,620 in the second quarter.
Singapore’s employment nevertheless grew by 27,700 in the third quarter, accelerating from an increase of 11,400 in April–June. The employment figures exclude migrant domestic workers.
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