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SG
Singapore
Crypto hub

Singapore layoffs, tracked in full.

Singapore has seen 8K job cuts across 40 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
27
active + historical
Rounds
40
total events
Top industry
Crypto
41% of cuts
Global city rank
#20
by total headcount
Total since 2020
All time
8K
Across 40 roundsRank #20
Last 12 months
Recent
0
↓ 100% YoY
Companies tracked
Breadth
27
across 8 industriesCrypto leads
Global city rank
vs cities
#20
0.8% of global totalof 199 cities
By industry · Singapore· Since 2020

Which industries cut deepest.

Crypto
11 ROUNDS
41% of Singapore cuts
2,979
PEOPLE
Travel & Hospitality
1 ROUNDS
21%
1,500
PEOPLE
Ride-hailing
2 ROUNDS
19%
1,360
PEOPLE
E-commerce
6 ROUNDS
7%
536
PEOPLE
Marketplace
6 ROUNDS
4%
326
PEOPLE
Consumer Apps
1 ROUNDS
3%
250
PEOPLE
HR Tech
1 ROUNDS
3%
198
PEOPLE
Fintech
3 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
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
P
PropertyGuru
PropertyGuru Layoffs — 2024-02-27
Singapore ·
79
theedgesingapore.com ↗
Severe
LG
Lazada Group
Lazada Group Layoffs — 2024-01-03
Singapore ·
100
channelnewsasia.com ↗
Continue reading

Other cities tracked.

View all →
United States
SF Bay Area layoffs
475 companies tracked since 2020.
475 COMPANIES · 301K CUT →
United States
Seattle layoffs
57 companies tracked since 2020.
57 COMPANIES · 119K CUT →
United States
Austin layoffs
37 companies tracked since 2020.
37 COMPANIES · 46K CUT →
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