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SG
Singapore
Crypto hub

Singapore layoffs, tracked in full.

Singapore has seen 8K job cuts across 56 tracked rounds since January 2020 — roughly 0.8% of all layoffs in our global dataset. The last 12 months alone saw 0 layoffs.

Last updated
City snapshot
8K
people laid off since Jan 2020
Companies tracked
40
active + historical
Rounds
56
total events
Top industry
Crypto
41% of cuts
Global city rank
#20
by total headcount
Total since 2020
All time
8K
Across 56 roundsRank #20
Last 12 months
Recent
0
↓ 100% YoY
Companies tracked
Breadth
40
across 8 industriesCrypto leads
Global city rank
vs cities
#20
0.8% of global totalof 200 cities
By industry · Singapore· Since 2020

Which industries cut deepest.

Crypto
12 ROUNDS
41% of Singapore cuts
2,979
PEOPLE
Travel & Hospitality
3 ROUNDS
21%
1,500
PEOPLE
Ride-hailing
2 ROUNDS
19%
1,360
PEOPLE
E-commerce
7 ROUNDS
7%
536
PEOPLE
Marketplace
9 ROUNDS
4%
326
PEOPLE
Consumer Apps
2 ROUNDS
3%
250
PEOPLE
HR Tech
1 ROUNDS
3%
198
PEOPLE
Fintech
6 ROUNDS
2%
118
PEOPLE
Top companies · Singapore

Where the cuts landed.

Top companies
#01
Crypto.com
CRYPTO · 5 ROUNDS
2,260
#02
Agoda
TRAVEL & HOSPITALITY · 1 ROUNDS
1,500
#03
Grab
RIDE-HAILING · 2 ROUNDS
1,360
#04
Bybit
CRYPTO · 3 ROUNDS
600
#05
HOOQ
CONSUMER APPS · 1 ROUNDS
250
#06
Glints
HR TECH · 1 ROUNDS
198
#07
ShopBack
E-COMMERCE · 1 ROUNDS
195
Recent events · Singapore· Latest

The latest Singapore layoffs.

View all events →
Severity
Event
Location · When
Headcount
Source
Moderate
S
Shopee
Shopee lays off 8% of global developer workforce
Singapore ·
—
vulcanpost.com ↗
High
C
Crypto.com
Crypto.com Layoffs — 2026-03-19
Singapore ·
—
cnbc.com ↗
Moderate
C
Carousell
Carousell Layoffs — 2024-12-06
Singapore ·
76
channelnewsasia.com ↗
Low
S
Shein
Shein Layoffs — 2024-09-30
Singapore ·
17
marketech-apac.com ↗
Moderate
NV
Ninja Van
Ninja Van Layoffs — 2024-07-01
Singapore ·
—
theedgesingapore.com ↗
High
NV
Ninja Van
Ninja Van Layoffs — 2024-04-29
Singapore ·
21
theedgesingapore.com ↗
High
S
ShopBack
ShopBack Layoffs — 2024-03-19
Singapore ·
195
bloomberg.com ↗
Low
T
Tonik
Tonik Layoffs — 2024-03-01
Singapore ·
—
techinasia.com ↗
Continue reading

Other cities tracked.

View all →
United States
SF Bay Area layoffs
676 companies tracked since 2020.
676 COMPANIES · 303K CUT →
United States
Seattle layoffs
91 companies tracked since 2020.
91 COMPANIES · 119K CUT →
United States
Austin layoffs
53 companies tracked since 2020.
53 COMPANIES · 46K CUT →
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