The notable shift in retrenchment incidence among higher-educated workers reflects the ongoing restructuring in the professional and knowledge-intensive sectors, says the ministry. SINGAPORE: An ongoing restructuring in professional and knowledge-intensive sectors drove a notable shift in layoffs among degree holders in the first quarter of 2026, with the incidence of retrenchment rising sharply for this group, the Manpower Ministry (MOM) said on Monday (Jun 15). The incidence of retrenchment,