Incidence rate dipped to 1.8%.
This chart from the Ministry of Manpower (MOM) shows 3,640 workers were retrenched in Q2.
This was lower than 4,000 in Q1 and 4,800 a year ago.
MOM said the decline over the quarter was observed across all broad sectors.
In the first half of 2017, 7,640 were laid off, also lower than 9,510 a year ago.
Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.
The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.
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