Financial and insurance services posted the second-highest retrenchment rate among Singapore industries in the fourth quarter of 2025, according to data from the Briefcase Index.
The sector recorded a retrenchment rate of 0.222%, trailing only information and communications at 0.270%, whilst wholesale and retail trade ranked third at 0.173%.
The Briefcase Index noted that the figures indicate workforce adjustments are also impacting higher-value, professional sectors, with financial and insurance services and information and communications topping the list.
Professional services came in fourth with a retrenchment rate of 0.144%, followed by manufacturing at 0.116%.
Meanwhile, transportation and storage, real estate services, and administrative and support services reported lower rates of 0.068%, 0.052%, and 0.051%, respectively.
Accommodation and food services and construction recorded the lowest retrenchment rates among the top 10 industries, at 0.026% and 0.025%, respectively.
Click here for more on Finance and Investing
