Layoffs

GovTech retrenches another 38 staff in second round of layoffs

2026-10-22T14:55:24.000Z
About 60 per cent of the job cuts are coming within support functions, including among developers.

Barclays to cut 5,000 jobs in AI-fuelled push to lower costs

2026-10-22T08:47:11.000Z
Labour market conditions were “little changed” between late August and early October, with labour supply “generally adequate to meet demand.”

US weekly jobless claims rise marginally amid low layoffs

2026-10-15T13:35:48.000Z
The cuts which hit the unit overseeing the main e-commerce site coincide with one of Amazon’s biggest shopping days, which it calls Prime Big Deal Days.

Amazon’s fresh job cuts hit retail division; under 1,000 white collar staff affected, source says

2026-10-08T03:15:16.000Z
The Kroll representatives do not expect further outlet closures in Singapore.

Crystal Jade closes four more outlets, cuts 120 jobs ahead of proposed sale

2026-10-07T12:52:43.000Z
HSBC is currently in a consultation period on the proposed changes.

HSBC plans job cuts across UK wealth business in AI push: report

2026-10-07T09:04:48.000Z
Among retrenched PMETs who have found work again, about six in 10 earn more than before their retrenchment at both the 12 and 24-month marks.

Retrenched PMETs who return on lower pay see median 25% wage cut

2026-10-06T05:15:58.000Z
Singapore’s next labour market challenge may not be simply about creating enough jobs, but also helping workers move successfully into them.
THINKING ALOUD

Singapore has jobs, but can retrenched workers get them?

2026-09-23T23:00:00.000Z
The possibility that a split between business outcomes and employment conditions is emerging among economic outperformers raises a red flag.
NEWS ANALYSIS

When growth sectors shed workers, it’s time to mind the gap

2026-09-22T11:17:15.000Z
The firm said it “periodically reviews its organisational structure” to ensure it remains aligned with its strategic priorities and long-term business needs.

CapitaLand Investment retrenches 90 Singapore staff in 2026 as part of restructuring

2026-09-03T06:22:47.000Z