Total SG Jobs Affected
8,462
Companies
91
Hardest-Hit Sector
Banking Finance
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Layoff Intensity by Month
SG employees affected per month

All Announcements
| Company | Date | SG Employees | Industry | Source |
|---|---|---|---|---|
| TD Bank Group | 25 Aug 2026 | 200 | Banking & Finance | Insider |
| Tiktok | 19 Aug 2026 | 50 | Tech | Insider |
| Telenor Procurement Company | 18 Aug 2026 | 100 | Tech | Insider |
| FalconX | 3 Aug 2026 | 10 | Banking & Finance | The Straits Times |
| Borneo Motors Singapore | 30 Jul 2026 | 100 | Retail | Insider |
| Netvirta Pte Ltd | 30 Jul 2026 | 41 | Tech | Insider |
| Visa | 28 Jul 2026 | 40 | Banking & Finance | Fast Company |
| Liberty | 27 Jul 2026 | 20 | Other | Insider |
| Acronis Pte Ltd | 27 Jul 2026 | 35 | Tech | Insider |
| BitMEX | 23 Jul 2026 | 15 | Banking & Finance | Insider |
| The Walt Disney Company | 21 Jul 2026 | 50 | Media | CNA |
| Liteon Singapore | 17 Jul 2026 | 22 | Other | Insider |
| Sprout Social | 15 Jul 2026 | 9 | Tech | Insider |
| GovTech | 14 Jul 2026 | 93 | Other | Straits Times |
| Shopee | 6 Jul 2026 | 10 | Tech | Insider |
| Stashaway | 2 Jul 2026 | 20 | Banking & Finance | Insider |
| Tiktok | 1 Jul 2026 | 20 | Tech | Mothership |
| Parexel | 30 Jun 2026 | 3 | pharmaceutical | Insider |
| Wipro Pte Ltd | 30 Jun 2026 | 2 | Tech | Insider |
| Elastic | 24 Jun 2026 | 0 | Banking & Finance | Insider |
By Industry — SG Jobs Affected
- Tech
- Mfg
- Pharma
- Banking
- Other
- Retail
- Prof. Svcs
- Energy
- Media
- Real Estate
- Logistics
News & Insights

7 Singaporeans Share Life Lessons That They Learnt After Getting Retrenched During The Pandemic
Seven Singaporeans share their personal stories and life lessons after facing retrenchment during the COVID-19 pandemic, offering insights on financial resilience and personal growth.

Is retrenchment in S'pore really that bad? 2 workers & a career coach share their experiences
The article shares the personal stories of two individuals who faced retrenchment in Singapore and features advice from a career coach on how to manage the emotional and practical difficulties of job loss.

What retrenchment took from me, and what I unexpectedly learnt
A personal reflection on the emotional and psychological toll of losing a job, highlighting how retrenchment impacts one's identity and the vital role of a supportive community in the healing process.
Laid off after 40: Some are telling it all on social media as they rebuild careers
Amid rising retrenchments in Singapore, professionals over 40 are turning to social media platforms like Instagram to share their personal layoff journeys and find community support as they navigate career changes.

Surviving recession: I was laid off twice within months. Now I help others like me find jobs
51-year-old Malcolm Vincent Rosario, a PMET who was retrenched twice during the pandemic, recounts his journey of reskilling and transitioning into a role as a senior career consultant at Workforce Singapore to help others find employment.

Laid Off After 25 Years in Tech: The Anxiety, Sacrifice, and Reality No One Talks About
A veteran software engineer with 25 years of experience discusses his decision to leave a high-paying architect role in big tech, reflecting on corporate burnout and the personal health crises that led him to prioritize life over work.

Commentary: I was retrenched after nearly 6 years at a tech firm. This is how I got through it - CNA
Former Zendesk employee Han Li shares his personal experience of being retrenched in November 2022 and discusses the emotional and professional journey of navigating a career transition.
Data sourced from The Business Times, Channel NewsAsia, The Straits Times, MOM statements, and other news outlets, as well as vetted alerts from insiders. Only Singapore-specific headcount figures are shown — global totals are excluded. Entries marked with ⚠ are estimates where exact SG figures were not disclosed.