Learning never stops: Why reskilling is Acronis' answer to a changing job market
Singapore's labour market is changing, and the numbers show it. The Ministry of Manpower's (MOM) latest Q2 2026 labour report recorded 4,620 retrenchments in the second quarter of 2026, the highest since the end of 2020. Job vacancies slipped to 68,600, with the sharpest falls in professional roles in financial services and in information and communications. Laid-off residents are also taking longer to find their next role. Only 54.9% found work within six months, down from 60.7% the previous quarter.