In 2023, the incidence of retrenchment in the information and communications sector in Singapore amounted to 24.9 per 1,000 employees. This sector had the highest incidence of retrenchment in that year, which also saw significant lay-offs in the tech sector globally.
Number of retrenchments per 1,000 employed persons in Singapore in 2023, by industry
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Retrenchment per 1,000 employees
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Ministry of Manpower (Singapore). (March 13, 2024). Number of retrenchments per 1,000 employed persons in Singapore in 2023, by industry [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1469942/singapore-incidence-of-retrenchments-by-industry/
Ministry of Manpower (Singapore). "Number of retrenchments per 1,000 employed persons in Singapore in 2023, by industry." Chart. March 13, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1469942/singapore-incidence-of-retrenchments-by-industry/
Ministry of Manpower (Singapore). (2024). Number of retrenchments per 1,000 employed persons in Singapore in 2023, by industry. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1469942/singapore-incidence-of-retrenchments-by-industry/
Ministry of Manpower (Singapore). "Number of Retrenchments per 1,000 Employed Persons in Singapore in 2023, by Industry." Statista, Statista Inc., 13 Mar 2024, https://www.statista.com/statistics/1469942/singapore-incidence-of-retrenchments-by-industry/
Ministry of Manpower (Singapore), Number of retrenchments per 1,000 employed persons in Singapore in 2023, by industry Statista, https://www.statista.com/statistics/1469942/singapore-incidence-of-retrenchments-by-industry/ (last visited August 24, 2024)
Number of retrenchments per 1,000 employed persons in Singapore in 2023, by industry [Graph], Ministry of Manpower (Singapore), March 13, 2024. [Online]. Available: https://www.statista.com/statistics/1469942/singapore-incidence-of-retrenchments-by-industry/