EconomySingapore third-quarter layoffs highest since 2020

Singapore’s retrenchment rate reached its highest level since the COVID-19 peak in late 2020 during the third quarter of 2026, driven by business reorganisations, the manpower ministry said on Friday.

Singaporelayoffsemploymentbusiness reorganisations

RReuters★★★☆☆2026-10-30 06:10Original