Singapore retrenchments climb in Q1, with sharper rise in incidence among degree holders, older workers: MOM

Singapore retrenchments climb in Q1, with sharper rise in incidence among degree holders, older workers: MOM

The notable shift in retrenchment incidence among higher-educated workers reflects the ongoing restructuring in the professional and knowledge-intensive sectors, says the ministry.

More retrenchments in Singapore in Q1 of 2026 as job vacancies drop

Business reorganisation or restructuring was the main reason for retrenchment. Read more at straitstimes.com.

MOM: Singapore job retrenchments show sharper rise in Q1 among degree holders and older workers

SINGAPORE: Singapore’s retrenchment numbers edged higher in the first quarter of 2026, with degree holders and older workers bearing a bigger share of the impact as companies continue to reorganise and reshape their operations. According to Singapore’s Ministry of Manpower (MOM), 3,830 workers were retrenched between January and March, up from 3,690 in the previous quarter. The increase was largely linked to restructuring exercises rather than c…

Degree holders and older workers hit hardest as Singapore retrenchments rise in Q1: MOM

At the same time, Singapore also saw a decline in job vacancies Singapore’s job market weakened in Q1 2026 as vacancies fell and retrenchments hit their highest level since Q3 2023. Retrenchments rose to 3,830 in Q1 2026, up from 3,690 in Q4 2025, according to the Ministry of Manpower’s (MOM) finalised Labour Market Report for Q1 2026. At the same time, job vacancies fell from 77,700 in Dec 2025 to 73,300 in Mar 2026, down from 80,100 a year ear…

Singapore’s total employment growth slows in Q1; job vacancies dip while retrenchments inch up

Labour market conditions should stay resilient, but firms will be more cautious in hiring, raising wages: MOM Read more at The Business Times.