Information, communications tops retrenchment rate ranking

Singapore Business Review
2026.03.31 22:40
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Information and communications had the highest retrenchment rate in Singapore at 0.270% in Q4 2025, according to Briefcase Index. This rate is 2.4 times the industry average, surpassing financial services (0.222%) and retail (0.173%). Professional services followed at 0.144%, while manufacturing was at 0.116%. Lower rates were seen in transportation, real estate, and administrative services. Accommodation and construction had the lowest rates at 0.026% and 0.025%, respectively. The data indicates significant workforce adjustments in higher-value sectors, based on statistics from the Singapore Department of Statistics.