𝕏xSG first seen 5 d ago, last 2 h ago, peak #1
Singapore Q3 layoffs hit highest level since 2020
Original: Singapore third-quarter layoffs at highest level since 2020
New figures show job layoffs in Singapore in the third quarter reached their highest level since 2020, according to a Reuters report circulating widely in the city-state. The rise in retrenchments is drawing concern about employment conditions in an economy that had until recently remained comparatively resilient, with many residents worried about job security ahead of any further slowdown.
Why now: The latest official labour data showing retrenchments at a post-pandemic high is raising alarm about job security in Singapore.
Evidence
- Singapore third-quarter layoffs at highest level since 2020 · ReutersWorld · 7
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