Singapore manpower

Why are industries behind Singapore’s robust economy also pulling back on jobs?

It aims to reach 200 companies cumulatively by the end of 2026 and 500 by the end of next year

Retrenchments stand at 4,620 for the three months, higher than earlier estimates

The Workplace Fairness Act takes effect by end-2027, with employers and workers urged to start preparing now

Of the investment, S$19 million will go towards workforce development through 2030

AI and more complex client needs are reshaping the skills young talent needs, industry players say

Eligible Singaporeans can choose from over 200 courses, get a 6-month subscription to platforms such as ChatGPT Plus

The recommendations include clear signs and anti-slip flooring to ensure workers’ well-being

But most important will still be a change in workplace norms and practices