Singapore Finance Sector to Cut Jobs in Q3 2026 Amidst Global Trends
Singapore's finance and insurance sector is projected to reduce its workforce in the third quarter of 2026, according to ManpowerGroup's Employment Outlook Survey. The sector's Net Employment Outlook is at minus 2%, indicating more employers plan to decrease staffing than increase it. This places the sector at the bottom among Singapore's main industries, with manufacturing showing the strongest hiring outlook at 25%. The overall Net Employment Outlook for Singapore is 13%, a decline from the previous quarter and 11 percentage points lower than the previous year. Globally, the finance and insurance sector is performing better, with a Net Employment Outlook of 29%. The survey covered over 40,500 employers across 42 countries. 
