Retrenchments and restructures are persevering with to hit Singapore in 2026, as companies grapple with rising working prices, softer client demand, and rising geopolitical uncertainty stemming from the Iran struggle.
Based on a latest Singapore Nationwide Employers Federation (SNEF) survey, 96 per cent of companies reported dealing with elevated working prices on account of larger power costs.
These pressures have squeezed revenue margins, pushing extra companies in the direction of hiring freezes, restructures, and even layoffs.
Listed here are a number of the layoffs which have affected Singapore in 2026.
1. Asia Pacific Breweries Singapore (Mar 2026)
On Mar 24, Tiger Beer brewer Asia Pacific Breweries Singapore (APBS) introduced that it could be reducing jobs and cutting down its brewing operations in Singapore.
The brewer plans to progressively section down large-scale brewing at its Tuas plant by the top of 2027, with round 130 roles affected as manufacturing is shifted to regional services in Malaysia and Vietnam. Over time, the Tuas web site will probably be redeveloped to help regional logistics and innovation actions, together with a pilot brewery.
APBS final restructured in late 2023, reducing 33 jobs and giving affected workers severance, bonuses, and annual wage dietary supplements.
Globally, guardian firm Heineken additionally flagged extra cuts earlier this yr, saying 5,000 to six,000 jobs might go over the following two years as market situations tighten. Singapore serves as its Asia-Pacific headquarters.
2. Yeo’s (Mar 2026)
Yeo Hiap Seng (Yeo’s) introduced on Mar 31 that it could retrench 25 workers at its Senoko facility in Singapore because it shifts its can manufacturing operations to Malaysia.
The corporate defined that consolidating manufacturing in its Johor and Selangor vegetation will assist “optimise capability utilisation and strengthen general manufacturing effectivity” throughout its community.
Regardless of the transfer, Yeo’s Senoko web site will stay its headquarters, in addition to a hub for cross-border logistics and limited-scale manufacturing.
In Dec 2024, it reduce 25 jobs after Oatly shut its Singapore plant—roles that had been created particularly for that manufacturing. Earlier, in 2022, the corporate additionally retrenched 32 workers, citing shifts in client behaviour, retail challenges, and rising prices.
3. PropertyLimBrothers (Apr 2026)
Singapore property company PropertyLimBrothers (PLB) is present process a significant inner reshuffle. Its media arm, PLB Media, has laid off some workers in Apr as a number of realtors additionally exit the enterprise.
The restructuring follows on-line rumours that surfaced in Jan, alleging involvement between co-founder Melvin Lim after which vice-president of technique Grayce Tan—claims that circulated extensively on social media and drew public consideration to the agency. Each people, who’re married, subsequently stepped down.
The management adjustments have since triggered additional inner restructuring, together with the introduction of a brand new whistle-blowing channel as the corporate works to stabilise operations and governance amid the fallout.
Beforehand in Sep 2025, the corporate introduced that PLB Media can be closing all the way down to rebrand as MediaX. It additionally stated it had considerably lowered its editorial, tech, video, and abroad groups underneath PLB Media.
4. JLL (Apr 2026)
In Apr, world actual property consultancy JLL laid off some workers in Singapore following an organisational restructuring train.
The restructuring is a part of a world effort to streamline operations and place the corporate for long-term development amid shifting situations in the true property market, the agency stated.
JLL has confirmed the restructuring however didn’t disclose the variety of roles impacted.
5. Amazon (Might 2026)
On Might 7, Amazon introduced that it’s going to reduce a number of roles in Singapore because it shifts assets towards increasing its worldwide retailer choice out there.
On the identical time, Amazon can be phasing out its native fulfilment operations in Singapore, together with Amazon Contemporary and its grocery accomplice community. The e-commerce big stated it’s working with distributors and sellers on alternative routes to proceed serving prospects within the nation.
These adjustments type a part of Amazon’s broader effort to adapt to rising buyer demand in Singapore for merchandise from its worldwide shops within the US, Japan and Germany.
Learn different articles we’ve written on tech giants right here.
Featured Picture Credit score: Jaap Arriens by way of NurPhoto/ PropertyLimBrothers/ Asia Pacific Breweries Singapore/ Google Road View
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