Singapore retrenchments rise in Q1 as degree holders and older workers face sharper impact

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

Singapore Q1 2026: retrenchments rose to 3,830 (+3.9%), concentrated among degree holders and older workers in professional-sector restructuring. AI displacement mitigated—only 6.2% adopting firms cut headcount, 18.9% redesigned roles; slow adoption (28.5%) and reskilling support limit mass job loss.