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Bloomberg

Singapore Retrenchments Hit Highest Level Since the Pandemic

Friday, July 31, 2026


Singapore recorded 2,230 retrenchments in the fourth quarter of 2025, the highest quarterly figure since the COVID-19 pandemic began, according to data from the Ministry of Manpower. The increase was driven by restructuring in sectors with significant overseas exposure. The previous pandemic-era peak was 2,170 retrenchments in the second quarter of 2020.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-31/singapore-retrenchments-hit-highest-level-since-the-pandemic

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